<b><i>Decision of Note</b></i> Statute of Frauds Bars Enforcement Of Executive Deals

The Court of Appeals of Tennessee, at Nashville, has decided that the Statute of Frauds barred record executives from enforcing unsigned two- and three-year contracts for them to operate a proposed but canceled country music label. Shedd v. Gaylord Entertainment Co., M2002-00258-COA-R3-CV. The statute voided the contracts because they couldn't be performed within one year, the court noted.

2 minute read August 25, 2003 at 11:57 PM
By
Law.com Staff
<b><i>Decision of Note</b></i> Statute of Frauds Bars Enforcement Of Executive Deals

The Court of Appeals of Tennessee, at Nashville, has decided that the Statute of Frauds barred record executives from enforcing unsigned two- and three-year contracts for them to operate a proposed but canceled country music label.

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