Heads of Terms: A Key Step In The Negotiation Process

Heads of Terms: A Key Step In The Negotiation Process

Linkilaw Legal Documents

Whether you’ve successfully scaled your business and have buyers knocking on your door or you’re looking to acquire a business yourself, you’re likely overlooking a key step in the negotiation process: Heads of Terms. What are Heads of Terms? Also known as Letters of Intent or Memoranda of Understanding, Heads of Terms set out the main points of a deal …

selling your business

Selling Your Business: Agreeing Terms Is The Easy Part, Here Comes The Due Diligence

Linkilaw Business Finance

A US judge recently ruled that RBS and Nomura made false statements when they sold mortgage-backed securities to Fannie Mae and Freddie Mac Nomura in the run up to the 2008 financial crisis. A further hearing is due to take place as I write and it is anticipated that RBS will be ordered to pay damages amounting to almost half-a-billion …

heads of terms

Deal Advice: You’ve Signed Heads Of Terms, So What Can Go Wrong Now?

Linkilaw Legal Advice

Signing the initial agreement to sell your business means the hard work is done, no? Well it might be worth keeping that champagne on ice for just a while longer. You’ve done everything they told you to do at the ‘Sort Your Exit Strategy’ seminar 2 years ago: 1. You didn’t rush to sale, you prepared properly and made yourself …