Corporate M&A Professionals

LOI Binding or no?

Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • #99629
    Patrick Rogers
    Participant

    My company uses a letter of intent that does not say that it is binding, and does not say it is not binding. As a general rule, does that mean that the loi is not binding?

    #112738
    Tina OKeefe
    Participant

    LOIs are not binding.

    #112751
    Yumi.K
    Participant

    In general, a LOI is not a binding contract.

Viewing 3 posts - 1 through 3 (of 3 total)
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