The appellants appealed a summary judgment dismissing their action concerning a helicopter acquisition and operation.
The Court of Appeal upheld the motion judge's decision, finding that the initial agreements (Letter of Intent and July Letter Agreement) lacked sufficient material terms to constitute enforceable contracts for the "Buy-in Claim," particularly given the absence of a "definitive agreement" for co-ownership.
The court also dismissed other breach of contract claims (Aircraft Management Agreement and Internal Cost Claims) because the appellants failed to adduce evidence particularizing or supporting damages on the summary judgment motion.