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| Business Contracts & Partnerships Oral and written contracts, corporate partnership, partnership agreements, transactions, disputes, litigation, etc. |
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May 15th, 2008, 02:40 AM
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#1 |
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Junior Member
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Oct 26th, 2008 05:04 AM Join Date: May 2008
Posts: 2
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"instructed to advice a willingness to sell": need case law
I've just been told by a legal expert that the following sentence can and will be used as legally binding agreement. I don't see how at all!
We = legal advisors of selling shareholder Client = selling shareholder You = legal advisors of buying shareholder "We are instructed to advice that our client will accept $ XXX,XXX,XXX,XXX (hold on... ,XXX,XXX,XXX lol) in full and final settlement. We look forward to hearing from you." This only informs me that someone is being instructed to advice a vendor's willingness to sell at a certain price in full and final settlement. Please back me up with some case law if possible. |
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May 15th, 2008, 02:42 AM
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#2 |
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Junior Member
Last Online:
Oct 26th, 2008 05:04 AM Join Date: May 2008
Posts: 2
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Re: "instructed to advice a willingness to sell": need case law
There seems to be a lack of replies in these legal forums..
To me that indicates demand far outweighing supply in free (casual I might add) legal expertise... Perhaps a little market opportunity for someone out there? |
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