Browsing Tag

‘LOI’

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 ...
Read More
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 ...
Read More