$281 Million Rides on Judges' View of Turner Broadcasting Deal Nov 19, 2009
In what Turner is calling the largest compensatory verdict in Georgia history, the jury found that Turner breached an oral contract to sell McDavid the sports teams. McDavid's lawyers say their client entered into a contract with Turner in the summer of 2003. (Law.com)
Appeals court sides with Capital in suit Nov 4, 2009
He also lobbed an age-discrimination claim, alleging he was replaced by a much younger employee, and additionally claimed breach of an oral contract, saying Capital s former treasurer promised he would have a job for eight years when he lasted only three. Woods in his appeal claimed the lower court made five separate mistakes but the appeals court s Oct. 27 decision backed up the trial court in each case. (Columbus Business First, OH)
Merrill Bonus Judge Rakoff Is Called a Stickler on Fairness, Transparency Sep 18, 2009
The case centered on an alleged oral contract. Oral commitments are just too slippery to be enforced, Rakoff wrote. (Bloomberg)
RM218mil suit against Umno struck out Sep 11, 2009
He added that the plaintiff was also unable to highlight the terms of any oral contract, and had instead relied on estoppel (a rule of evidence whereby a person is barred from denying the truth of a fact that has already been settled). In my judgment, this is a feeble attempt by the plaintiff to overcome a statement of claim which is woefully inadequate on particulars for a claim for the price of goods and services. (The Star Online, Malaysia -- News)
Oral leases renew automatically Sept. 1 (22) Sep 8, 2009
Pflueger said any landlord or tenant who wants to terminate or modify an existing oral contract must notify the other party by Sept. 1. "With the uncertainties of expected crop yields and current commodity prices and the effect they may have on economic conditions for this year and for the following crop year, changes in existing leases may be in order," Pflueger said. (Sioux Falls Tri-State Neighbor, SD)
Federal Judge Agrees AIG Failed to Prove Breach of Trust by Greenberg Sep 1, 2009
Southern District Judge Jed S. Rakoff said an alleged oral contract by Starr International Company Inc. to hold in trust AIG stock for AIG's benefit was unenforceable. "'Put it in writing' is the law's way of saying 'get serious,'" the judge wrote in a 59-page opinion issued Monday in (pdf), 05 Civ. (Law.com)
Atmel sued by former general counsel Aug 11, 2009
The complaint contains 12 causes of action, including several claims arising out of Atmel's treatment of his post-termination attempt to exercise stock options, breach of a purported oral contract to pay a bonus upon the sale of the company s Grenoble division, defamation, breach of an oral and/or implied employment contract and violations of the California Labor Code. Atmel said it "intends to vigorously defend this action.". (San Jose Business Journal, CA)
Avatars, attorneys in new world of virtual law Apr 28, 2009
Like the sex bed case, the Sailor's Cove case was not unlike many real-world disputes: It was an ownership conflict based on an alleged oral contract ... Robert Brackman, attorney for the owner, issued a news release after the settlement saying that it was still unknown whether conversations between digital avatars could legally constitute oral contracts ... The question on oral contracts isn't the only unanswered one in virtual law. (San Francisco Chronicle)
Dayton, Gregory reach oral contract deal Mar 20, 2009
Are you a legal Professional. Thursday, March 19, 2009. (FindLaw News)
