A letter of intent is a document in which one or more parties signify an intention to do or to refrain from doing one or several things. Letters of intent (LOIs) are controversial under law being ...

Letters of intent pose some level of legal risk and should not be entered into without careful consideration. For example, a poorly drafted letter of intent may, ...

In their Real Estate Litigation column, Todd E. Soloway and Joshua D. Bernstein, partners at Pryor Cashman, examine the question: What happens when parties execute a letter of intent involving a ...

If the parties expressed their intent to be bound even in the absence of more comprehensive documentation, the LOI can be enforced as written if signed by the party “to be charged.” Id.

Release Summary. E-Waste Systems announced today that it signed a letter of intent to purchase Tech Disposal, Inc., an electronic waste recycler and asset recovery specialist, based in Ohio.

Nu E Power Corp. is pleased to announce that the Company and Blu Dot Systems Inc. have agreed to amend the Letter of Intent to make it binding subject to completion of the definitive agreement ...

Continuing our discussion of best contracting practices, today we discuss letters of intent (“LOIs”) and memoranda of understanding (“MOUs”). Businesses use these types of documents to ...