Letters of intent (“LOI”) play an important role in the negotiation of many private transactions. An LOI documents an agreement in principle on key terms of a deal. It can evidence parties’ serious intent and provide the framework for a definitive agreement, but is usually “non-binding” – it does not legally require the parties to finalize the deal on any certain terms or even at all.
We have finally moved into our newly renovated office at Parkwood Plaza, 500 East 96th Street, Suite 100, Indianapolis, Indiana 46240. The office location, design, and technology are specifically designed to serve our clients in an evolving business and legal landscape.
We are all pleased to welcome Brian Bouggy as our first Associate Attorney to Densborn Blachly. Brian brings a wealth of knowledge and experience to the Densborn Blachly team, and we are excited to put it to good use.
I was recently interviewed for The Indiana Lawyer in regards to opening the new firm. They did a nice little piece that really captures the entrepreneurial essence of what we are doing, and I thought I would share it.