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Can a Letter be Legally Binding?, page-3

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    A letter agreement can be legally binding.

    Here is an example of a case (Anaconda 2000) where it was.

    This was an appeals case and two of the three judges (Ipp and Pidgeon) granted the appeal.

    http://www.austlii.edu.au/cgi-bin/s...onyms=0&query=anaconda "heads of agreement"

    here is an excerpt (what you should be able to see for yourself if you use the above link) -

    Anaconda - letter agreement.jpg
 
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