In acquisitions of privately held companies, an acquisition letter of intent/term sheet is often entered into by both parties. The purpose of the letter of intent is to ensure there is a “meeting of ...

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 ...

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 ...

In our last installment, we discussed some of the initial steps involved in the process of selling a dental practice, including preparing your practice for sale and finding a potential suitor.

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 ...

The customer and the vendor sometimes enter into a letter of intent or letter of authorization (LOI) to jump-start an outsourcing transaction that has been delayed or mired in protracted negotiations.

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...