Sports Direct Case: 5 benefits of having a written agreement
July 31, 2017
Jeffrey Blue alleged Mr Ashley made a verbal promise to pay him the million-pound sum if he increased Sports Direct’s share price to £8. Mr Ashley defended the claim on the basis that he could not remember the alleged conversation, but even if it had happened it would only have been banter. It was held that there was no contract between them because there was no mutual intention to create legal relations.
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