Rectification of a share purchase agreement and a disclosure letter—Persimmon Homes Limited v Hillier and others

Table of contents

• Introduction and facts
• What was the background to the case?
• What were the key issues in the case?
• Could the HD SPA and the disclosure letter be rectified?
• What was the effect of rectification?
• Conclusion
• Practical considerations

Article summary

Corporate analysis: In this case the High Court considered a claim for rectification of a share purchase agreement and a disclosure letter based on the principle of common mistake and determined the effect of rectification on both contractual documents.