[EN] Legally binding of the LOI: Don't just treat the "letter of intent" as just an opening procedure

Sep 22, 2026 · 10 min · 7 segments

In many mergers and acquisitions (M&A) transactions, the parties often devote most of their attention to the formal transfer agreement, while the Letter of Intent (LOI) is just a goodwill starter…

In many mergers and acquisitions (M&A) transactions, the parties often devote most of their attention to the formal transfer agreement, while the Letter of Intent (LOI) is just a goodwill starter. However, international practice shows that many major disputes start from this seemingly "non-binding" document itself. \_\_\_\__ HM&P Law Firm - Address: 10th Floor, ITAXA Building, 126 Nguyen Thi Minh Khai, Xuan Hoa Ward, HCMC - Phone: +84 28 73080839 - Email: counsel@hmplaw.vn - Website: https://hmplaw.vn/

In many mergers and acquisitions (M&A) transactions, the parties often devote most of their attention to the formal transfer agreement, while the Letter of Intent (LOI) is just a goodwill starter…

[EN] Legally binding of the LOI: Don't just treat the "letter of intent" as just an opening procedure

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[EN] Legally binding of the LOI: Don't just treat the "letter of intent" as just an opening procedure