Letters Of Intent: Cautious correspondence

Fenwick Elliott | Procurement & Outsourcing Journal | May/June 2017 #36
Claire King considers the benefits and pitfalls of letters of intent ‘Perhaps the most common argument running through the cases is whether any binding contract has been reached as a result of the letter of intent.’ The use of letters of intent can be fraught with difficulty. In this article I review the key case …

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Construction Focus: Risky business

John Starr | Property Law Journal | May 2017 #351
Letters of intent can lead to uncertainty and costly disputes. John Starr discusses recent cases ‘The judge did not consider that the letter of intent itself imposed a condition that the contemplated replacement contract had to be the subject of formal execution.’Letters of intent are widely used in the construction industry as a means of …

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