Interpreting contractual provisions and the significance of plain meaning

The podcast delves into the importance of interpreting contractual provisions in the context of complex credit solutions. It emphasizes that courts, particularly in New York and the US, prioritize the plain meaning of contract language rather than inferred or desired intentions. The discussion highlights the need for clarity in contract drafting and reinforces the notion that specific rights should be explicitly stated, as courts are unlikely to read in protections that are not clearly defined within the contract.