Letters Of Intent: Agree First, Work Later
Mondaq Business Briefing › United Kingdom Law Articles in English (2010)
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Mondaq Business Briefing › United Kingdom Law Articles in English (2010)
Linked as:Extract
Letters Of Intent: Agree First, Work Later
Last week's decision of the Supreme Court in RTS v Muller shows where contract terms are negotiated "subject to contract", and work begins under a letter of intent before contract terms are finalised that it is possible for the agreement that was "subject to contract" to become lega...
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