THE LETTER OF INTENT – THEY ARE NOT ALL CREATED EQUAL
Theodore M. McGinn • April 15, 2016
A letter of intent is a document that is commonly used in connection with a wide range of business transactions. They are used in business sales or lease agreements or loan transactions. They are designed to summarize the major business terms, and create a framework where parties can further evaluate a potential transaction. In this podcast, attorney Ted McGinn discusses why parties need to be careful that the letter of intent use effectively protects their rights.
- due diligence
- no shopping
- letter of intent
- confidentiality
- earnest money
- stock purchase
- asset transfer
- merger
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