Really not happy that Dib failed to settle this one before it got to this point as Des will argue that the damages are legitimate in terms of lost opportunity. If the courts do find there are enough elements for its to be binding, I sure as shit hope they've got some clauses that allowed for partial payout in the event of early termination.
I was always dubious about the $600k partial payout that was mentioned.
I saw other amounts but $600k was mentioned most othen.
I never understood the "consideration" within such a clause given the new contract was not yet in effect.
Given the clubs argument that the heads of agreement was not binding it would seems the two sides are very far apart?
And if the club's position is there is was no contract, any early termination payment clause would be mute.
Unless the court finds the heads of agreement binding and that agreement refers to the new contract and that this new contract had bern drafted and accepted by both parties when the heads of agreement was signed.
Personally I woukd think the heads of agreement would refer to his existing contract terms & conditions and vary them in the term of and compensation?
Look it is going to be interesting.
Totally agree with you, Did fucked up royally!!!