Tag: Binding Provisions

Damages For Breach Of A Letter Of Intent

David C. Tingstad, Edmonds Lawyer
David C. Tingstad
May 6, 2020
The first step in negotiating the purchase and sale of a business or its assets is to execute a letter of intent.  The letter of intent stipulates the “big picture” terms of the agreement.  These terms include naming all parties to the agreement, defining the assets being purchased, and the purchase price.  The “big picture”… Read More