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Taft Stettinius & Hollister LLP | USA | 9 Feb 2021

You’ve Signed an LOI but Have Run Into Roadblocks - Now What Do You Do?

Our entrepreneur business owners often come to us after they've signed a Letter of Intent (LOI) to sell their business. They've run into roadblocks…

DAC Beachcroft | United Kingdom | 21 Dec 2020

A warning to the users of Letters of Intent

In an effort to preserve the integrity and purpose of the adjudication process as an expedient means of resolving payment disputes, it is rarely seen…

McCarthy Tétrault LLP | Canada | 15 Dec 2020

The Ties That (May) Bind: ensuring letters of intent do not impose binding obligations on parties

Non-binding letters of intent (“LOIs”), which sometime take the form of ‘indicative term sheets’ or ‘memorandums of understanding’, can be useful…

Kramer Levin Naftalis & Frankel LLP | USA | 25 Nov 2020

Letters of Intent: A Litigation Trap for the Unwary

Letters of intent, or LOIs, serve an important purpose in corporate deals and M&A, and their use is widespread. Equally widespread is litigation…

LeLaw Barristers & Solicitors | Nigeria | 20 Jul 2020

Bindingness and Implications of ‘Pre-Agreements’ - Letters of Intent, Memoranda of Understanding, Term Sheets and Heads of Agreement

In an ideal world, parties to a contract are expected to finalise their business dealings and sign a written agreement before performance…

Ropes & Gray LLP | USA | 20 Dec 2019

Value-Based Direct Contracting Models: CMS Announces RFA

In April 2019, the Centers for Medicare & Medicaid Services ("CMS") announced the Direct Contracting model, offering three voluntary risk-based…

Hogan Lovells | Hong Kong | 12 Nov 2019

Hong Kong Law Contract Guide

While for most contracts there is no requirement to follow a particular form or format, in practice most contracts tend to be in written form…

Commonsense Construction Law LLC | USA | 17 Jul 2019

Letter of Intent Precluded Dismissal of Mechanic’s Lien

A contractor recorded a lien notice, using a letter of intent as the “written contract” supporting the lien. The owner moved for summary dismissal of…

McBrayer McGinnis Leslie & Kirkland PLLC | USA | 11 Apr 2019

Mergers and Acquisitions: Five Early Considerations in any M&A Transaction

Mergers and acquisitions (M&A) can be tricky transactions, a delicate dance between buyer and seller that must be choreographed in minute detail…

BPE Solicitors LLP | United Kingdom | 21 Mar 2019

Top cases for project managers, employer's agents and contract administrators - Part 1

The article is the second in our series of “Cases your profession needs to know”. Last month we summarised a number of key cases relating to…
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