Corporate M&A Professionals

LOI Binding or no?

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  • #99629
    Patrick Rogers

    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?

    Tina OKeefe

    LOIs are not binding.


    In general, a LOI is not a binding contract.

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