Sometimes, as parties are negotiating an agreement, they will sign an interim document – such as a letter of intent (LOI) or memorandum of understanding (MOU) – reflecting the terms to be incorporated into a later, formal agreement.Read More
The Paley Rothman Blog
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys.
Your business has weathered a rocky economy. You have looked for expenses that can be trimmed from your budget. You eye the number entered next to “Legal Expense” and think that maybe you could reduce it by using some form contracts or drafting your own. Most assuredly, you would only think that way if you have never been involved in litigation.Read More
Addressing concerns about the process and cost of international arbitration, the International Centre for Dispute Resolution (ICDR) of the American Arbitration Association (AAA) has issued new rules, effective June 1, 2014, which streamline and enhance international arbitration practice, and greatly limit US litigation-style discovery.Read More