Legal Update / 13.03.2014
Crypto-currencies. Bitcoin. Litecoin. Dogecoin. All Crypto-currencies. Compelling. Disruptive. Confusing. Safe? Legal? There are lots of questions about crypto-currencies—especially Bitcoin, which is in the headlines a lot lately. I am going to explore crypto-currencies in a series of posts. Hopefully, we can all gain a little understanding of the mysterious meta-money!
Legal Update / 31.10.2013
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.