The Formation of a Contract

The Formation of a Contract

Course Description

This course looks at how a contract is formed in common law systems. It examines and explains the elements needed to form a legally binding contract, whether it is written or oral. These requirements differ from those needed in civil law.

The case study will examine the facts in the well-known Pennzoil v Texaco, which saw two huge oil companies fight it out in the Texas Court in 1985 and which involved pre-contractual negotiations.

We will look at and analyse the Plaintiff’s strategy and learn what impact this has had on commercial negotiations.

Learning Outcomes:-

At the end of this course, you will know:

  • how a contract is formed in common law jurisdictions when it is not written
  • the elements that constitute a valid contract
  • the legal concept of consideration and why consideration must be exchanged by the parties
  • the litigation strategy of the successful legal team
  • the availability of Chapter 11 bankruptcy in the USA and how bankruptcy can be used in order to protect a client
  • how the law of contract and the law of tort are equally useful in litigation
  • the legal concept of tortious liability and the consequences of deliberately persuading a party to a contract to breach the agreement
  • key essential legal English terms essential to practising commercial law at an international level

This course is an excellent way to prepare for the SQE if you are a foreign lawyer because it includes vocabulary, grammar and legal concepts.

Course Details

Dates: 10 February 2023

Time: 14:30pm – 18:30pm

Total hours: 4

Live on Line: Sofia Parastatidou (International Lawyer & Author)

Cost: £199 per person (Group Prices; minimum 6 persons)

Individual lessons: Separately quoted.

For further information and enrolment email: info@britishlawacademy.com

Course will be in English

All participants will receive a Certificate of Attendance