MoUs in UAE: Concept, enforceability & drafting tips!

Sandeep Bhalothia and Aman Garg examine key considerations that parties should consider before entering into an Memorandum of Understanding or Letter of Intent. A Memorandum of Understanding (MoU) or the Letter of Intent (LoI) is a preliminary document entered between the parties before signing an extensive agreement. It is usually entered to solidify the initial understanding between the parties and...
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