Quote:
Originally Posted by DJ's left nut
Uh...yes, actually.
This is not a contract of indefinite duration (it would have had a sunset date) and it would have taken more than 1 year to complete (they're not going to sign a 1 year 'reaffirmation'). As such, it is subject to the Statute of Frauds and must be in writing to be enforceable.
And that's still if there were even legitimate contact terms discussed, not just 'agreements to agree' as has been universally reported.
There are some theoretical estoppel arguments that could be raised, but those wouldn't activate any liquidated damages provisions, would require actual damages, and would be virtually impossible to establish/prove up.
Sweetheart - you're out of your league here.
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and what's on paper points to about $25 million in fees, right?