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This week, the case of Coleman v Mundell was discussed, focusing on a dispute regarding an oral contract. The claimant, Mr. C, sought specific performance of the contract, which is a court order compelling compliance with contractual obligations, available at the court's discretion as an equitable remedy. Mr. C's company faced financial difficulties, and he wanted a cash injection secured by shares in a Spanish entity. Mr. M, a friend and businessman, had a conversation with Mr. C on September 30, 2016, with conflicting recollections of the agreement regarding an interest-free loan of £250,000 secured on Mr. C's shares.
