View Single Post
Old 11-12-2007, 06:22 PM   #39
K-dog
Senior Member
 
K-dog's Avatar
 
Join Date: Oct 2007
Location: Salt Lake City
Posts: 699
K-dog is on a distinguished road
Default

Quote:
Originally Posted by nikuman View Post
Enforceability is my precise point - a contract is completely worthless if it isn't enforceable. Until I have a piece of paper in my hand that I can waive in front of a judge and get damages with, any deal that is worked out orally is irrelevant from a practical standpoint, no? Sucked for BYU (at the time) but them's the breaks, and they would have been extremely shortsighted not to consider the possibility of him ignoring prior oral agreements and jumping to greener pastures if said greener pastures became available.

In any event, it's apparent that employment law is different that the business law I practice - people are very careful about not binding themselves to things until documents are signed.
Employment law generally includes at least one unsophisticated party so it is vastly different than M&A work or key employee work.
__________________
He's down by the creek, walkin' on water.

K-dog

P.S. Grrrrrrrrr
K-dog is offline   Reply With Quote