Course description
Letters of intent are commonplace within the UK construction industry. Where projects go well, the fact that work started out under a letter of intent causes few problems, however, when disputes or issues arise the status and effect of the letter of intent can become acutely problematic.
This online seminar will provide a summary of the key legal principles and practical tips, with a discussion of relevant caselaw.
What is a letter of intent? Are they a necessary evil or is there an alternative to their use? What happens if a formal contract is never properly executed? All these questions, and more, will be answered by presenter Sarah Schutte, as she guides you through the shark-infested waters of using letters of intent on construction projects.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Letters of intent are commonplace within the UK construction industry.
Where projects go well, the fact that work started out under a letter of intent causes few problems, however, when disputes or issues arise the status and effect of the letter of intent can become acutely problematic.
This virtual classroom seminar will provide a summary of the key legal principles and practical tips, with a discussion of relevant caselaw.
It will guide you through the shark-infested waters of using letters of intent on construction projects.
What You Will Learn
This live and interactive session will cover the following:
- What is a letter of intent?
- Are they a necessary evil or is there an alternative to their use?
- What happens if a formal contract is never properly executed?
- Criteria to be fulfilled for a court to find that there is a concluded agreement
- What happens if there is no concluded agreement and why might that be a problem for the parties?
- Can construction professionals be liable for failures relating to letters of intent?
- What can you do differently when the use of a letter of intent is proposed?
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...