Boozy pub deals may not survive a sober judge
Heavy drinking in the Horse and Groom pub in London led to a supposed promise of a £15m bonus by the unorthodox boss of Sports Direct, Mike Ashley
Over the last few weeks, one of the most colourful and unusual contract cases ever heard by the courts has been running in London to much media amusement. Last Wednesday’s judgment by the English High Court in the Mike Ashley case provides a timely warning to everyone about the dangers of not committing business agreements to writing.
Generally, a contract does not have to be in writing in order to be valid, and ...
