Don’t Make These 5 Common Mistakes With Your LOI
When considering a letter of intent in your deal here are 5 common mistakes we have seen which you need to avoid on both sides of the deal table: Failure to provide for setoff rights – Solid indemnification provisions can help protect buyers from past liabilities, but it can be hard to collect if there are no “deep pockets” left after closing. Providing for setoff rights is...
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