COURSE DESCRIPTION
Master the strategic use of letters of intent as deal facilitation tools that manage transaction risk while preserving negotiation flexibility in complex business acquisition and partnership arrangements. This program provides comprehensive guidance on drafting LOIs that advance deal objectives without creating unintended legal obligations. Learn to structure preliminary agreements that protect client interests throughout the transaction development process.
- Draft binding and non-binding provisions that clearly allocate risk and establish performance expectations
- Structure break-up fees and expense reimbursement provisions that protect deal investment while preserving flexibility
- Address material adverse change and closing condition provisions affecting deal risk allocation
- Navigate confidentiality and exclusivity arrangements that facilitate due diligence while protecting competitive information
Speaker:
Anthony Licata is a partner in the Chicago office of Taft Stettinius & Hollister LLP, where he formerly chaired the firm’s real estate practice. He has an extensive practice focusing on major commercial real estate transactions, including finance, development, leasing, and land use. He formerly served as an adjunct professor at the Kellogg Graduate School of Management at Northwestern University and at the Illinois Institute of Technology.