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Breach of Contract › Letters of Intent

Harris Beach PLLC

Four NIL Proposals to Enhance Student-Athlete Protections

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The Division I Council (the “Council”) unanimously voted to introduce four new proposals on Wednesday, October 4, 2023, with the goal of providing further guidance and regulation to the name, image and likeness (“NIL”) space....more

Robinson+Cole Construction Law Zone

Agree First or it May Cost You Later

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Business relationships often begin before parties execute a written agreement containing the terms and conditions by which the relationship will be governed.  With little more than a Letter of Intent (“LOI”) or Letter of...more

Miller Canfield

Sixth Circuit: Reasonable Notice Required to Terminate a Successive Contract

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​​​​​​​The Sixth Circuit recently held that even where a supplier has a right to terminate a contract without cause, the supplier still must give the buyer reasonable notice of termination. In Stackpole International...more

Farrell Fritz, P.C.

A Bumper Crop: Cannabis Meets Business Divorce

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Unless you’ve been living under a rock, you’ve probably heard that a little over two months ago, New York State Governor Andrew M. Cuomo signed legislation reform advocates and stoners alike have dreamt of for decades,...more

Blank Rome LLP

Traps for the Unwary under California Law: How Good Deals Can Go Bad

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California law has the potential to produce unintended consequences in real estate transactions. Below are a few of the legal “gotchas” that deal makers should keep in mind in transactions where California law governs. ...more

Manatt, Phelps & Phillips, LLP

Can You Keep a Secret?

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Most real estate deals begin with a letter of intent defining the principal terms of the deal, the only enforceable paragraph of which is an agreement to keep the transaction strictly confidential. Prior to the start of due...more

Dorsey & Whitney LLP

Survival of Non-Binding LOI Provisions Does Not Make Them Binding

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On September 30, 2014, the Delaware Supreme Court reversed a jury verdict finding that ev3, Inc. breached its contractual obligation to the shareholders of Appriva Medical, Inc., a company purchased by ev3. In ev3, Inc. v...more

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