Letter of Intent in UK Law

Leading Cases
  • RTS Flexible Systems Ltd v Molkerei Alois Muller GmbH & Company KG
    • Queen's Bench Division (Technology and Construction Court)
    • 16 May 2008

    RTS' primary submission was (i) that the Letter of Intent contract incorporated Quotation J, including RTS' standard terms, (ii) that it did not expire in May 2005, and (iii) that it was never replaced by any new contract. This is consistent with the note to the accounts of RTS' parent for the year ending 31 st December 2006, which records RTS' dispute with Müller “pursuant to a contract entered into during May 2005“.

    After the lapse of the Letter of Intent the parties reached full agreement on the work that was to be done for the price that they had already agreed. It is, as Lord Justice Steyn contemplated, unrealistic to suppose that they did not intend to create legal relations. The natural inference is that their contract was that RTS would carry out the agreed work for the agreed price. It was not essential for them to have agreed the terms and conditions and they did not do so.

  • Tesco Stores Ltd v Costain Construction Ltd and Others
    • Queen's Bench Division (Technology and Construction Court)
    • 02 Jul 2003

    It has become increasingly common in recent years in the construction industry for a form of "letter of intent" to be employed which, while it does indeed contain a request to a contractor to commence the execution of works, also seeks to circumscribe the remuneration to which he will be entitled in respect of work done pursuant to the request in the event that no contract is concluded.

  • RTS Flexible Systems Ltd v Molkerei Alois Muller GmbH & Company KG
    • Supreme Court
    • 21 Jul 2010

    Whether there is a binding contract between the parties and, if so, upon what terms depends upon what they have agreed. It depends not upon their subjective state of mind, but upon a consideration of what was communicated between them by words or conduct, and whether that leads objectively to a conclusion that they intended to create legal relations and had agreed upon all the terms which they regarded or the law requires as essential for the formation of legally binding relations.

  • Svenska Petroleum Exploration AB v Government of the Republic of Lithuania [QBD (Comm)]
    • Queen's Bench Division (Commercial Court)
    • 04 Nov 2005

    Moreover, even if it were necessary to so, recourse may only be to the "rules of international business activities generally accepted in the petroleum industry". Furthermore, recourse is to be had to such rules only insofar as they do not contradict the laws of Lithuania. The State did not, in any event, adduce any evidence of what were the "rules of international business activities generally accepted in the petroleum industry".

  • Fulham Leisure Holdings Ltd v Nicholson Graham & Jones (A Firm)
    • Chancery Division
    • 05 Oct 2006

    The thrust of the evidence was, and I find, that no-one at that stage anticipated with any great degree of seriousness that Mr Al Fayed would invest more than £60m. What was left in relation to that was effectively a default situation in which the parties reverted to the normal company law provisions governing the issue of shares, albeit tempered by what was ultimately the letter of intent.

  • Dubai Islamic Bank PJSC v PSI Energy Holding Company BSC (a Bahraini corporation) and Others
    • Queen's Bench Division (Commercial Court)
    • 06 Dec 2013

    In the event, the return date was 10 July 2008, when the matter came before Tomlinson J. The second and third defendants (as claimants in those proceedings 2008 Folio 682) had issued a Claim Form seeking declarations (i) that the notice dated 9 June 2008 had not been properly served (a point on which they lost before Tomlinson J and which has not been pursued before me) and (ii) that there had been no breach of the RSA by them or Plantation entitling the Bank to declare an Event of Default.

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  • Offences Against the Person Act 1861
    • UK Non-devolved
    • January 01, 1861
    ...... . S-11 . Administering Poison, or wounding with Intent to murder. 11 Administering Poison, or wounding with Intent to murder. . ...with or without Solitary Confinement. Letters threatening to murder. . Letters threatening to murder. . S-16 . ......
  • Broadcasting (Restrictive Trade Practices Act 1976) (Exemption for Networking Arrangements) Order 1994
    • UK Non-devolved
    • January 01, 1994
    ......September 1993. 6. The document entitled "Draft Letter of Intent from Network Centre". published by the ITVA Network Centre on ......
  • Malicious Communications Act 1988
    • UK Non-devolved
    • January 01, 1988
    ...... make provision for the punishment of persons who send or deliver letters or other articles for the purpose of causing distress or anxiety. [29th ...S-1. Offence of sending letters etc. with intent to cause distress or anxiety.1 Offence of sending letters etc. with intent ......
  • Larceny Act 1916
    • UK Non-devolved
    • January 01, 1916
    ......of being stolen with intent, at the time of such. taking, permanently to deprive the owner thereof:. ... . (i) utters, knowing the contents thereof, any letter or. writing demanding of any person with menaces,. and without any ......
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