ACC NCR Summer Series: Term Sheets, Letters of Intent and Other “Non-Binding” Pre-Deal Documents

Complex business deals frequently involve term sheets, letters of intent, and other non-binding (or partially binding) pre-deal documents. It can be difficult to recognize the pros and cons of these documents and to understand how they differ from legally-binding contracts.  

Panelists will provide an overview of the various types of pre-deal documents and how they can be used to help advance agreements between parties, as well as empower attendees to negotiate key provisions, minimize potential risks (especially as less formal communications have increased in the wake of COVID-19), and identify opportunities. 

Presented by Stephanie Evans and Justin Ochs, Partners with Wilmer Cutler Pickering Hale and Dorr LLP and Dan Kecman, Managing Director & Associate General Counsel at Navient.

1.0 hours of VA MCLE credit pending.