Thursday, 29 September 2011
This story about the (still) part-owner of EasyJet and entrepreneur Stelios Haji-Ioannu starting up a new airline has obvious contract law implications.
The Telegraph article says:
In a "comfort letter", Sir Stelios undertakes among other things not to "acquire an interest in any other airline" in the European Economic Area or Switzerland for two years, in return for £300,000 annually for five years.
We haven't reached this part of the syllabus yet... but if any Loreto Manchester A2 student can tell me what type of contractual issue this raises and provide a case, there may be a small prize!
Note I said "may".... once a lawyer....