Well, it’s possible he could have a suit, but doesn’t sound terribly strong to me. Particularly, I say this because it doesn’t sound like you guys worked out the terms of payment and exchange of goods. Generally, money is given at the time to the goods are provided, but obviously that’s not always the case. Now, if the tickets come in and he’s ready to hand them over, his suit could have some strength to it – assuming he purchased the tickets in reliance on your offer to buy half of them. Keep in mind a pretty good adage – anyone can sue anyone for anything, but that doesn’t mean they’ll be successful. On a practical side, I’d suggest exhausting practical resolutions where possible.
Answered on Mar 15th, 2014 at 1:54 PM