A handwritten document signed at an informal meeting does not constitute a binding contract where the document leaves many essential terms unresolved, a participant expressly states that a solicitor should draft a proper agreement, and the post-meeting conduct is inconsistent with the alleged contract terms. Signatures on such a document are a relevant but far from conclusive factor in determining contractual intention. The informality of the meeting venue is not a significant factor.
The full text is available to signed-in members, including the 12 later cases that cite this judgment.
1 of the 12 citing cases carry a classified treatment. How each court treated it is available to signed-in members.