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S.D. Illinois· 9/21/2018

Foros Advisors LLC v. Digital Globe, Inc.

Citations

  • 333 F. Supp. 3d 354

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • finding that alleged writing failed to satisfy the Statute of Frauds because it did “not include . . . the scope of [plaintiff’s] responsibilities.”
  • writing which did not describe “the type of advisory role [a party] would play in the transaction or the scope of [a party’s] responsibilities…fail[ed] to satisfy the Statute of Frauds”
  • alleged writing “[does] not include a price term or the type of advisory role [plaintiff] would play in the transaction or the scope of [plaintiff’s] responsibilities. Accordingly, it fails to satisfy the Statute of Frauds”
  • “Without such critical terms as the type of financial advisor, the scope of services, and the compensation, there can be no binding agreement because the Offer Clause is merely an agreement to agree on these material terms at a later time.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Koeltl

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.