By Staff writer
Singer’s AIDS foundation sues to recover $1.1m pledge made at charity auction
Legendary singer Sir Elton
John is suing a Dubai-based banker for failing to honour a £700,000 ($1.1m)
donation to his AIDS foundation, British media reported Wednesday.
UAE-based Spencer Lodge
pledged the cash for a ‘date’ with the British singer during a charity auction
at Sir Elton’s White Tie and Tiara Ball in June 2010, the Daily Mail said.
The event, held at the singer’s
mansion, featured a performance by Lady Gaga and helped raise over £5m for the
Lodge reportedly signed a
contract promising to pay the cash to the Elton John Aids Foundation but has,
to date, failed to hand over the money.
After numerous attempts were
made asking Lodge to honour the pledge, the Foundation has launched a High
Court action in London to recover the money, the newspaper said.
Unnamed sources told the paper
that Sir Elton was fully supportive of the legal action.
“The lot was a one-off opportunity to make his
charity an astonishing amount of money,” the source said. “Organisers had
actually secured another bid of £650,000 which, of course, they would have been
well I think having his name plastered over this article will have more effect than a court case
I like that, force people to donate, to a charity of course, that I own or chair, and if people do not pay up, take them to court and legally beat on them until they cough up money. I can do that.
The article says that Lodge signed a contract promising to pay the cash that was pledged. Which one is it, a pledge or a contract? A pledge is not enforceable but a contract is. If Lodge did sign a contract then all the power to Sir Elton.
I think that you will find a pledge is a contract, just as a hand shake is or even a telephone conversation doing a transaction