The Best Of Intentions: Contract Formation Under Letters Of Intent

Mondaq Business BriefingUnited Kingdom Law Articles in English (2009)

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The Best Of Intentions: Contract Formation Under Letters Of Intent

In the fast-paced world of construction projects, letters of

intent are a common feature of the contractual landscape. So what

happens if the formal contract being negotiated is never entered

into? We take a brief look at some of the approaches the Courts

have taken in light of a recent decision of the Court of

Appeal.

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Where a building project is time-critical (as it often is) and

contractual negotiations are ongoing, it...

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