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‘commercial law’

How Legally Binding is an LOI?

How Legally Binding is an LOI?

You’ve signed a letter of intent (LOI), now what? Can you still back out of the deal before closing on the business purchase and sale agreement? Generally, the answer is ...
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What Happens After an LOI is Signed?

What Happens After an LOI is Signed?

Signing a letter of intent (LOI) is a significant turning point in any merger or acquisition process. The LOI outlines the terms of the deal including the price, which assets ...
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