Letter of Intent

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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

Mississippi CON Report - August 2013

In this Report: I. July 2013 – Mississippi Certificate of Need Meeting II. Certificate of Need Program Report – Filings/Reports Since June 2013 CON Meeting - A. Letters of Intent to Change Ownership...more

When a Non-binding Term Sheet Becomes Binding

Tire-kickers, prevaricators and those who might otherwise agree on a term sheet with little intention of closing the deal beware: A “non-binding” term sheet is sometimes binding....more

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