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Contractual uncertainty

By: Series: Architects' Journal ; 214(9) 13 September 2001, 52(1)Publication details: 2001Subject(s): Summary: 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.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS64473 (Browse shelf(Opens below)) 1 Available 114850-1001

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.