Recently, the Court of Special Appeals of Maryland held that a letter of intent was binding on the parties.Windsor Development, L.L.C. v. Clearcomm Technologies, Inc., No. 999 (Md.App. filed
In the Spotlight: Agreement to Agree, Enforceable?
Recently, the Court of Special Appeals of Maryland held that a letter of intent was binding on the parties. <i>Windsor Development, L.L.C. v. Clearcomm Technologies, Inc., No. 999 (Md.App. filed Aug. 5, 2002).</i> The court granted a summary judgment motion enforcing the provisions of the letter of intent relying on the "plain and unambiguous" language.
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