Many transactions begin with the delivery by one party to the other of a letter of intent (“LOI”).[1] The LOI is a document setting forth the parties’ intent to enter into a transaction and summarizing certain salient business terms. If the parties cannot agree, it would be better to learn that early on during
Corporate Law
2018 Developments in Delaware Corporate Law; A Year in Review
By Jordan A. Fisch & Isabelle R. Jacobs on
Posted in Recent Developments
Trends in Delaware corporate law tend to be indicators of change across the corporate sector. 2018 saw a few significant developments in Delaware corporate law. It is important that individuals, particularly business owners and officers/executives, are aware of such changes.
Material Adverse Effect
In October 2018 a Delaware court issued a finding of a Material…