Jonathan Tickner, partner at Peters & Peters Solicitors, said: “On its face the statement of principles is a non-legally binding document … The parties stated they do not intend to create legal relations, which is a necessary ingredient of a binding agreement. As such the document does not create rights of claim for Hal. At the same time it does not exclude any potential claims to the extent they may arise otherwise than by virtue of the statement of principles.” Read more.