Continue reading "Bonus Payments: My word is my bond"
Bonus Payments: My word is my bond
The Court of Appeal has recently ruled on whether a verbal promise made at a staff meeting can be contractually binding, explain Ruth Bonino and Adam Lambert ‘The decisions concern the question of whether verbal promises made to staff amounted to contractual obligations, so they provide important lessons for any business which makes verbal commitments …
Cases Referenced
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- Dresdner Kleinwort Ltd & anor v Attrill & ors [2013] EWCA Civ 394