Banner Image

Legal News

Property Developers Rue Absence of Formal Contracts

Entering into a contract without legal advice is hardly ever a good idea, as two property developers found after alleged joint venture agreements unravelled and they ended up at the centre of a rash of costly, and ultimately abortive, litigation.

The property developers claimed that verbal contracts had been agreed with a businessman, at meetings in a restaurant and a hotel lobby, relating to the development of prime residential properties. The difficulty they faced in establishing their case was heightened by the businessman's subsequent death. Their damages claim against the administrator of his estate depended upon them proving the existence of the unwritten deals.

In striking out the entirety of their case, the High Court found that the issues which they sought to raise closely mirrored those which had already been ruled upon in an earlier case against a different defendant. To allow them to argue their current claims on the basis of evidence which had already been fully analysed would be manifestly unfair and oppressive and would bring the administration of justice into disrepute.

For more information or to speak to one of our experts, please call us on 01606 48777

Get in touch

  • "Extremely fair, understanding, caring and knowledgeable in all aspects of family law."

    Mr P
  • "Amazing attitude and caring towards its customers in life's most stressful situations."

    Anonymous
  • "Highly recommend the conveyancing services. Extremely satisfied with the overall level of service provided - kept me informed at every stage, providing good information and advice."

    Heather Woolley
  • "Excellent efficient will-writing service from very friendly staff. Everything explained to us so that we understood it. Fantastic!"

    Jane Imisson
The contents of this article are intended for general information purposes only and shall not be deemed to be, or constitute legal advice. We cannot accept responsibility for any loss as a result of acts or omissions taken in respect of this article.