National letters of intent date to 1964 and used to be a rite of passage, a sign that a player had “made it.” They were a player's signed word that he or she would play for at least one year ...

More than mutual understandingA letter of intent is a way for businesspeople to gauge a level of interest in a project or transaction without having to go through the whole process of entering into a ...

Letter of Intent Guidelines. The letter of intent (LOI) is a formal agreement between two parties, usually agreed upon at the beginning of a business relationship. It is less precise than a ...

Letters of intent, by nature ambiguous, may become public (at least internally) and produce expectations or anxieties on the parts of employees, vendors, and customers.

Commentary Letters of Intent in Connection with Sales of Businesses: Key Considerations Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will ...

Show me a letter of intent and I'll show you an invitation to a dispute — typically over unpaid work. A good example is a recent case involving an excavator. The general contractor directed the sub to ...

In their Real Estate Litigation column, Todd E. Soloway and Joshua D. Bernstein, partners at Pryor Cashman, examine the question: What happens when parties execute a letter of intent involving a ...

Football recruits nationwide can sign a National Letter of Intent on Wednesday, but what does the document say? Here are 10 things to know. 1. It is not mandatory that a prospect sign a letter of i ...

I HAVE WRITTEN before about this odd creature, the letter of intent, but the phone calls I get from clients convince me that there is still a lot of misunderstanding about what a letter of intent can ...