It is usually produced before a final, formal contract. Neither term has a strict legal definition, so they are sometimes used interchangeably. A letter of intent (LOI) declares the preliminary ...

An MoU is not a legally binding contract but can often serve as the first step toward a formal contract. MoUs can be executed between private businesses, national governments, and state or local ...

The plaintiff argued that the defendant breached its operating agreement because it failed to have a formal vote of the entire governing board before declaring the terminating event. It was ...

However, according to The Fourth Period's David Pagnotta, once general manager Kyle Dubas gets the captain's signature on a new contract, he'll shift his focus to negotiating with Swedish ...

Corey Seidman is here to discuss the latest report that the Phillies have formally offered a contract to Japanese pitcher, Yoshinobu Yamamoto.