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Christian Smith writes about verbal contracts in Real Business

Summary

Dispute resolution partner, Christian Smith, has written about verbal contracts for Real Business.

Dispute resolution partner, Christian Smith, has written about verbal contracts for Real Business.

His article follows a high profile High Court lawsuit in which Sports Direct founder, Mike Ashley, was accused of breaching an agreement to pay £15m to former investment banker, Jeff Blue, in exchange for trebling the share price of his sportswear retailer within three years. Mr. Ashley's defence was that he was too drunk to enter into the contract, which was agreed verbally, and therefore not required to pay the £15m sum.

Christian has written about the case to explain the legalities surrounding verbal contracts, and whether somebody can really be too drunk to enter into a legally binding agreement.

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Real Business is an online magazine which provides growing businesses, entrepreneurs and management teams with advice, analysis news and events. The site receives over 191,856 unique visitors per month and is read by business owners up and down the United Kingdom.

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