At the early stage of the transaction, in certain circumstances, a buyer and a seller may prefer to put the framework in writing, containing both binding and nonbinding terms. This document is called a letter of intent, or may also be referred to as memorandum of understanding (MOU).

As a buyer and a seller begin to agree on the fundamental terms and conditions of a transaction, the negotiation of a letter of intent/MOU serves to elucidate both parties' conception of the proposed transaction.

The purpose of the letter of intent/MOU is to provide some of sort comfort to each other as well as document whatever terms that both parties can agree on before proceeding further.

Our Thai M&A lawyers help clients draft or review the letter of intent/MOU to suit their business needs.