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Cooley LLP

Blog: Agreements to Agree can be Broken: Negotiating Letters of Intent

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On December 23, 2015, the Delaware Supreme Court held that SIGA Technologies, Inc. cannot avoid paying $113 million in expectation damages (plus interest) to PharmAthene, Inc. for breaching an express agreement to negotiate a...more

Goulston & Storrs PC

Texts that Bind: Text Messages May Form Binding Real Property Contract

Goulston & Storrs PC on

Last month, in St. John’s Holdings, LLC v. Two Electronics, LLC (No. 16 MISC 000090 (RBF)), a Massachusetts Land Court judge held that text messages exchanged between two real estate brokers may be sufficient to constitute...more

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