Seller signs binding LOI and then allows buyer to run the business without signing APA. Deal never closes. M&A Stories September 22, 2021 Introduction: In most M&A deals, letters of intent (LOIs) are nonbinding until the parties sign a final…
Seller signs binding LOI and then allows buyer to run the business without signing APA. Deal never closes. M&A Stories September 22, 2021 Introduction: In most M&A deals, letters of intent (LOIs) are nonbinding until the parties sign a final…
Explore the legal intricacies of M&A in our latest blog post as we dissect a riveting case, “Liberty Mutual Fire Insurance Company v. BRG Sports, Inc.” Uncover the aftermath of an undisclosed design flaw in an asset purchase agreement that…
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