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The case of Coleman v Mundell involved a dispute over an oral contract. The claimant, Mr. C, sought specific performance to compel the defendant, Mr. M, to fulfill their contractual obligations. Mr. C's company was facing financial issues, and he wanted to secure a $250,000 interest-free loan, to be secured against his shares in a Spanish entity. The two parties had a conversation on September 30, 2016, about the loan, but their recollections differed. Mr. C claimed that Mr. M agreed to the loan, while Mr. M had a different understanding of the discussion. The court had to consider these conflicting testimonies regarding the enforceability of the alleged agreement.
