David Sands

David Sands

Sheppard Mullin Richter & Hampton LLP

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When Is a Non-Binding Term Sheet or Letter of Intent Enforced as a Binding Contract?

In almost all corporate transactions, the first piece of written documentation the parties exchange and execute (after a non-disclosure agreement) is a letter of intent or term sheet (“LOI”), which is intended to summarize...more

9/12/2013 - Contract Formation Covenant of Good Faith and Fair Dealing Damages Letter of Intent Negotiations Term Sheets

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