Letters of Intent: Avoiding Legal Pitfalls in Drafting Preliminary Business Deal Terms
Minimizing Disputes Over Whether LOI is Binding or Non-Binding, Avoiding Unintended Performance or Financial Obligations
Recording of a 90-minute CLE video webinar with Q&A
This CLE course will prepare business counsel to negotiate, draft, and enforce letters of intent (LOIs) for various commercial transactions. The panel will review the latest legal developments with LOIs, including judicial decisions.
- Advantages and disadvantages of LOIs
- Structuring the LOI
- Avoiding or prevailing in disputes over binding and non-binding provisions in LOIs
The panel will review these and other key issues:
- What are the primary advantages and disadvantages of entering an LOI?
- What kinds of transactions are often LOI subjects?
- What terms should be included in LOIs?
- What factors do courts typically examine when determining whether to find an LOI binding?
- Have COVID-19 and other force majeure events affected LOI use?
Tiffany & Bosco
Ms. Lu serves the transactional needs of businesses and their owners by assisting them with business formation,... | Read More
Ms. Lu serves the transactional needs of businesses and their owners by assisting them with business formation, joint ventures, mergers and acquisitions, and other business agreements. She also provides guidance to businesses concerning disputes among owners and related fiduciary duties. In addition, she assists clients with regulatory and governance issues related to the U.S. Small Business Administration and other federal, state, and local programs.Close
Morris A. Nunes
Mr. Nunes specializes in business counseling and transactional work. His practice focuses on representing and... | Read More
Mr. Nunes specializes in business counseling and transactional work. His practice focuses on representing and counseling privately held businesses, their owners and the owners’ families, as well as non-profits and trade associations. He is a frequent CLE presenter on business law topics and authored five books, including Basic Legal Forms for Business, The Right Price for Your Business and Balance Sheet Management, as well as many articles in professional and financial publications. Mr. Nunes currently serves Of Counsel to King Yaklin & Wilkins in Georgia.Close