March 14, 2013 | Inside Counsel
Litigation: Preliminary agreements may not be as “preliminary” as you expectYouve been negotiating with the other side and have finally nailed down most of the terms. You want to memorialize those terms in a preliminary agreement or memorandum of understanding, but make everything subject to a final written formal document in case you still cant agree on the final terms....
By Vincent Syracuse, Paul Sarkozi, George du Pont, Richard Trotter
5 minute read