The problem of existence
Bingham, T.
The problem of existence - 2000 - Building 265(8160) 3 November 2000, 61(1) .
Considers potential pitfalls involved in signing a letter of intent, as highlighted by a case involving the architect HOK and a job it took on in Hanover. Among the lessons to be learnt from this case are: agreeing to do work, or supplying goods, while still negotiating a contract is a constant source of litigation; if work is to be carried out in this time, a basis of remuneration should be agreed in advance; when agreeing a contract while forming a company, it is important to expressly agree to negate personal liability if that formation remains incomplete.
LETTERS OF INTENT
The problem of existence - 2000 - Building 265(8160) 3 November 2000, 61(1) .
Considers potential pitfalls involved in signing a letter of intent, as highlighted by a case involving the architect HOK and a job it took on in Hanover. Among the lessons to be learnt from this case are: agreeing to do work, or supplying goods, while still negotiating a contract is a constant source of litigation; if work is to be carried out in this time, a basis of remuneration should be agreed in advance; when agreeing a contract while forming a company, it is important to expressly agree to negate personal liability if that formation remains incomplete.
LETTERS OF INTENT