We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

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 ...

You’re in the thick of week two of negotiations on a term sheet with a potential investor and you can’t help but wonder why you’re spending so much time on a document that has “nonbinding” written all ...

The San Antonio City Council will decide Thursday whether to delay negotiations with the Spurs for a downtown arena or give the green light to a term sheet for the project. The arena would be the ...

SAN ANTONIO — Talks between the City of San Antonio and the Spurs could reach a major checkpoint Thursday, when City Council is scheduled to vote on approving a term sheet between the two entities—and ...

The Oakland City Council approved a non-binding financial term sheet for the Athletics' new stadium agreement in a critical vote on Tuesday. The city council voted 6-1 with one abstention to approve ...