Justice Hart of the Arkansas Supreme Court recently wrote a scathing dissent on the proliferation of arbitration to settle disputes. You can find a story summarizing the dissent here and the full dissent here. Whether you favor or disfavor the use of arbitration, Justice Hart raises a number of points that attorneys and clients should …
The “Binding” Letter of Intent, Corporate Acquisition Strategy Via Litigation
KGR helped the client enter into a “binding letter of intent (LOI)” with minority shareholders to purchase the minority shares of company. The goal was to acquire the entire target company by enforcing the shareholder agreement rights and obligations. The shareholder agreement contained various triggers for compelling the sale of shares, or the right to …
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