Letters of intent (LOIs) are used to summarize the material terms of a proposed transaction, typically involving the leasing or sale of real property. Sometimes called term sheets, letters of interest ...

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

Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged ...

LOIs start negotiations and clarify initial deal points but are not legally binding. Common in real estate and M&A, LOIs signal readiness to engage in due diligence. Terms in an LOI often evolve as ...

Despite having no binding effect in the law, a letter of intent is one of the most important agreements a seller of business shares will sign. It establishes the price and core terms of the deal and ...

Kean, NJCU sign a nonbinding Letter of Intent to merge Planned union would create Kean Jersey City, pending approvals Kean would assume NJCU’s assets, liabilities and academic oversight Kean ...

After submitting your supplemental applications, it is normal to experience a lull before you receive your first interview offer. Most applicants find this waiting period unsettling, especially if ...

HANOVER TWP. — A better road may lie just ahead. The state Department of Transportation has sent letters to property owners along the Sans Souci Parkway informing them of a planned road improvement ...

The time-honored tradition of high school athletes proudly sitting behind a table and signing a national letter of intent is a thing of the past. In its place starting in a matter of weeks, athletes ...

The time-honored tradition of high school athletes proudly sitting behind a table and signing a national letter of intent is suddenly a thing of the past. In its place, starting in a matter of weeks, ...