No consideration, no contract.
August 18, 2025
No consideration existed when a purported settlement agremeent “simply stated that Al Jundi owed Plaintiff $224,500 and provided a payment schedule. The agreement contained no mutuality of obligation or bargained for exchange of promises. Plaintiff made no promises under the settlement agreement. It imposed no obligations on him. There was no detriment to him. He stood only to benefit from an additional recourse for recovery of his money. Al Jundi, in promising to pay a debt he did not personally owe, received no benefit.” Al Jundi v. Eljindi, No. 05-23-01121-CV (Aug. 11, 2025).