The buyer signs a nonbinding letter of intent to acquire a business. The deal never closes. A Texas intermediate appellate court finds that a prospective buyer owed the seller no duty of good faith and fair dealing. M&A Stories October…
The buyer signs a nonbinding letter of intent to acquire a business. The deal never closes. A Texas intermediate appellate court finds that a prospective buyer owed the seller no duty of good faith and fair dealing. M&A Stories October…
Explore the legal complexities surrounding a buyer’s ability to approach seller’s employees despite a Letter of Intent (LOI) in business acquisitions. Understand the case of American Mortgage & Equity Consultants, Inc. v. Everett Financial, Inc. and key factors affecting the…
Explore the Mississippi high court’s ruling on a strategic buyer’s refusal to sign an Asset Purchase Agreement (APA) after signing a Letter of Intent (LOI) in this M&A legal blog. Delve into the background, hurdles, outcome, and legal action of…
Explore the complexities of M&A negotiations and the legal implications of buyer’s duty in this informative blog post. Learn from a real-life case reference. M&A Stories May 13, 2019 Introduction: Selling a business involves several stages. A potential buyer typically…
Explore a legal case study where a buyer lost a substantial claim due to a seller’s breach of exclusivity in an M&A deal. Learn key takeaways and legal insights. M&A Stories March 19, 2019 Introduction: When selling a privately-owned business,…
Explore the intricacies of M&A negotiations and legal pitfalls in our latest blog post. Delve into a cautionary tale highlighting the consequences of breaching exclusivity provisions in LOIs. Gain valuable insights into industry-specific legal disputes and learn how to navigate…
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