"Letter of Intent" Still Legally Fuzzy

For years planners have routinely signed a "letter of intent" that holds dates and space at a convention center years in advance of its event. Even so, there remains contention as to whether this document is legally binding. In today’s uncertain marketplace, the question is gaining new urgency.

Legal experts like John Foster, Esq., CHME, Foster, Jensen & Gulley LLC, say a commitment by the planner and the convention center’s acceptance of it meet the definition of a contract. "Gra

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