This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha asked: What’s in the fine print for term sheets these days, and what ...
Many successful legal agreements begin with the term sheet; a document listing the key points of the business deal that has been struck between the parties. A deal point can be as simple as the ...
Critically, term sheets can also vary in their enforceability—some being binding, some nonbinding or some combination of the two. When deals run into trouble, or fall apart completely, litigants will ...