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Pitts and others v Jones: CA 6 Dec 2007

The defendant shareholder provisionally agreed for the sale of his shares without regard to a right of pre-emption in favour of the claimants. He then made an oral promise to indemnify the claimants against any losses should the purchaser fail to satisfy any liability arising. He now argued that there was no consideration and therefore … Continue reading Pitts and others v Jones: CA 6 Dec 2007