International Business Law Advisor Insights on International Litigation & Transactions

Tag Archives: letter of intent

Memorandum of Understanding and Letter of Intent: What’s the Difference?

Posted in Business Transactions

The Financial Times recently reported that Royal Dutch Shell, one of Europe’s largest energy groups, signed a memorandum of understanding to form a $12 Billion joint venture with Cosan, a large Brazilian sugar cane processor.  What if the parties had signed a letter of intent? Does it make a difference? Probably not. It would generally… Continue Reading