Month: February 2023

When contracts are signed in Washington and one of the parties involved could incur hard-to-define or intangible losses if there was a breach, they could insist on a liquidated damages provision. The damages specified in such a provision are an estimate of anticipated...

A letter of intent (LOI) often outlines the relationship of two or more businesses going forward. The document could launch the process of a merger or acquisition in Washington or explain their commitment to a joint project or business deal. An LOI often forms the...