Problems with Memorandum of Understanding and Heads of Agreement

These days, business agents, investment banks, accountants and many clients have come to believe that Memoranda of Understandings¬†and Heads of Agreement are an essential part of the transaction documents.¬† They are not. There are enough problems with using a Memorandum of Agreement (“MoU”) or a Heads of Agreement (“HoA”) to seriously wonder if they should […]