Contractual uncertainty
Lindsey, S.
Contractual uncertainty - 2001 - Architects' Journal 214(9) 13 September 2001, 52(1) .
Discusses "American Design Associates v Donald Insall Associates", which illustrates the potential problems with letters of intent and their contractual effect. Demonstrates some of the risks involved in relying on standard forms without fully considering their applicability, and the importance of agreeing dispute resolution arrangements. Among the lessons to be learnt are that letters of intent should be treated with caution, as they often do not create the binding agreement you assume. In addition, if a standard form does not fit the particular circumstances, it may not provide the protection one anticipates.
AMERICAN DESIGN ASSOCIATES V DONALD INSALL ASSOCIATES
LETTERS OF INTENT
DISPUTE RESOLUTION
Contractual uncertainty - 2001 - Architects' Journal 214(9) 13 September 2001, 52(1) .
Discusses "American Design Associates v Donald Insall Associates", which illustrates the potential problems with letters of intent and their contractual effect. Demonstrates some of the risks involved in relying on standard forms without fully considering their applicability, and the importance of agreeing dispute resolution arrangements. Among the lessons to be learnt are that letters of intent should be treated with caution, as they often do not create the binding agreement you assume. In addition, if a standard form does not fit the particular circumstances, it may not provide the protection one anticipates.
AMERICAN DESIGN ASSOCIATES V DONALD INSALL ASSOCIATES
LETTERS OF INTENT
DISPUTE RESOLUTION