http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent Startup Law, Incorporation, Convertible Notes, Preferred Stock, Stock Options, Venture Capital Sun, 22 Jan 2012 19:35:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent#comment-98 Ryan Roberts Mon, 05 Oct 2009 16:17:22 +0000 http://www.thestartuplawyer.com/mergers-and-acquisitions/the-deal-behind-letters-of-intent#comment-98 The LOI should be non-binding, maybe except for some provisions of confidentiality and no-shop issues. I'd seek out an attorney. The LOI should be non-binding, maybe except for some provisions of confidentiality and no-shop issues. I'd seek out an attorney.

]]> http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent#comment-2418 Ryan Roberts Mon, 05 Oct 2009 16:17:00 +0000 http://www.thestartuplawyer.com/mergers-and-acquisitions/the-deal-behind-letters-of-intent#comment-2418 The LOI should be non-binding, maybe except for some provisions of confidentiality and no-shop issues. I'd seek out an attorney. The LOI should be non-binding, maybe except for some provisions of confidentiality and no-shop issues. I'd seek out an attorney.

]]> http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent#comment-97 Deb Sat, 03 Oct 2009 23:51:38 +0000 http://www.thestartuplawyer.com/mergers-and-acquisitions/the-deal-behind-letters-of-intent#comment-97 I have signed a letter of intent for acquisition of my business. No monetary offer was made verbally or written regarding the 85% acquisition of my business. Can I follow this LOI with a letter of sorts that releases me from the intent after a period of time, because of nonpayment for the acquisition? I have signed a letter of intent for acquisition of my business. No monetary offer was made verbally or written regarding the 85% acquisition of my business. Can I follow this LOI with a letter of sorts that releases me from the intent after a period of time, because of nonpayment for the acquisition?

]]> http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent#comment-2417 Deb Sat, 03 Oct 2009 23:51:00 +0000 http://www.thestartuplawyer.com/mergers-and-acquisitions/the-deal-behind-letters-of-intent#comment-2417 I have signed a letter of intent for acquisition of my business. No monetary offer was made verbally or written regarding the 85% acquisition of my business. Can I follow this LOI with a letter of sorts that releases me from the intent after a period of time, because of nonpayment for the acquisition? I have signed a letter of intent for acquisition of my business. No monetary offer was made verbally or written regarding the 85% acquisition of my business. Can I follow this LOI with a letter of sorts that releases me from the intent after a period of time, because of nonpayment for the acquisition?

]]> http://startuplawyer.com/merger-acquisition/the-deal-behind-letters-of-intent#comment-96 Letter of Intent Terms | The Startup Lawyer Mon, 21 Jan 2008 22:17:15 +0000 http://www.thestartuplawyer.com/mergers-and-acquisitions/the-deal-behind-letters-of-intent#comment-96 [...] recently worked on a deal where the prospective seller over-strategized the letter of intent. The seller wanted my client to sign a non-binding LOI that contained about half of what should [...] [...] recently worked on a deal where the prospective seller over-strategized the letter of intent. The seller wanted my client to sign a non-binding LOI that contained about half of what should [...]

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