Raffles v Wichelhaus

The Peerless
CourtCourt of Exchequer
Decided20 January 1864
Citations[1864] EWHC Exch J19, (1864) 2 Hurl & C 906
Court membership
Judges sittingPollock CB, Martin B and Pigott B
Keywords
Mutual mistake

Raffles v Wichelhaus [1864] EWHC Exch J19, often called "The Peerless" case, is a leading case on mutual mistake in English contract law. Parties to an agreement for the sale of cotton coming aboard a ship named Peerless later realized that they intended different vessels. Despite the rule that courts will pursue a reasonable interpretation of ambiguous contractual terms based on their context, this agreement was held to lack the meeting of the minds necessary for formation of an enforceable contract.