Letter of Intent in UK Law

Leading Cases
  • Tesco Stores Ltd v Costain Construction Ltd and Others
    • Queen's Bench Division (Technology and Construction Court)
    • 02 Julio 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 Julio 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.

    Instead the governing criterion is the reasonable expectations of honest sensible businessmen. (2) Contracts may come into existence, not as a result of offer and acceptance, but during and as a result of performance. (3) The fact that the transaction is executed rather than executory can be very relevant.

    Thus, in the Galliard Homes case Lindsay J, giving the only substantive judgment in the Court of Appeal, which also comprised Evans and Schiemann LJJ, at page 236 quoted with approval the statement in Megarry & Wade, The Law of Real Property, 5 th ed (1984) at pages 568-9 that it is possible for an agreement 'subject to contract' or 'subject to written contract' to become legally binding if the parties later agree to waive that condition, for they are in effect making a firm contract by reference to the terms of the earlier agreement.

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

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

  • Triple Point Technology, Inc. v PTT Public Company Ltd
    • Court of Appeal (Civil Division)
    • 05 Marzo 2019

    If a construction contract is abandoned or terminated, the employer is in new territory for which the liquidated damages clause may not have made provision. It may be more logical and more consonant with the parties' bargain to assess the employer's total losses flowing from the abandonment or termination, applying the ordinary rules for assessing damages for breach of contract.

See all results
Legislation
  • Offences Against the Person Act 1861
    • UK Non-devolved
    • 1 de Enero de 1861
    ...... . S-11 . Administering Poison, or wounding with Intent to murder. 11 Administering Poison, or wounding with Intent to murder. . ...knowing the Contents thereof, any Letter or Writing threatening to kill or murder any Person, shall be. guilty of ......
  • Criminal Justice and Courts Act 2015
    • UK Non-devolved
    • 1 de Enero de 2015
    ...... an offence of disclosing private sexual photographs or films with intent to cause distress; to amend the offence of meeting a child following ... course of post it would be delivered within that period, in a letter duly addressed to that officer and either registered or sent by the ......
  • Larceny Act 1861
    • UK Non-devolved
    • 1 de Enero de 1861
    ......S-11 . Killing Animals with Intent to steal the Carcase, &c. 11 Killing Animals with Intent to steal the ...S-44 . Letter demanding Money, &c. with Menaces. 44 Letter demanding Money, &c. with ......
  • The Criminal Legal Aid (Remuneration) Regulations 2013
    • UK Non-devolved
    • 1 de Enero de 2013
    ...... Criminal Damage Act 1971, s.1(3) As abovePossession of firearm with intent to endanger lifeFirearms Act 1968, s.161968 c. 27Use of firearm to resist ... – High Court or a senior judgeLondon (£) National (£) Routine letter out per item6.846.84Routine telephone calls per item3.793.79All other ......
See all results
Books & Journal Articles
See all results
Law Firm Commentaries
See all results
Forms
See all results

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT