Gendis Inc. v. Richardson Oil & Gas Ltd. (2000) 148 Man. R. (2d) 19, 224 W.A.C. 19, (2000) 9 W.W.R. 1, 6 B.L.R. (3d) 193 (Man. C.A.).

The chief executive officer of Gendis and the managing director of Richardson Oil & Gas met and negotiated a deal, whereby Gendis would purchase Richardson's share of a privately owned oil company for $39 million, plus certain designated incentive payments (Gendis and Richardson each owned 50 percent of that company at the beginning of the negotiations). At the end of the negotiations both men agreed that they had a deal and agreed that Gendis would supply written documents to confirm the deal and add the necessary details. When the written documents were supplied, Richardson refused to sign them and refused to complete the transaction. When Gendis sued, Richardson claimed that what had been agreed at the negotiation session had not been finalized, and there was no intention to make a binding contract at this stage.

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