Binding Contract Formation in Broadcasting Rights

This document is a legal report detailing the case DAZN Limited v Coupang Corp regarding the formation of a binding contract for broadcasting rights of the 2025 FIFA Club World Cup. The report outlines the background of the case, where DAZN, the holder of the broadcasting rights, engaged in negotiations with Coupang for sublicensing rights. The central issue was whether a binding contract was established through various communications, including emails and WhatsApp messages. The Commercial Court initially ruled in favor of Coupang, stating that a contract was formed based on the exchanges. DAZN's appeal was dismissed by the Court of Appeal, which affirmed that the communications constituted a valid offer and acceptance. The report emphasizes the importance of clear communication in contract negotiations and the legal principles governing contract formation, including the necessity of identifying essential terms and the implications of urgency in contract performance. It concludes with guidance for parties involved in contract negotiations to ensure clarity and intent in their communications.