As part of my physical therapy regimen after a tibial plateau fracture, I had ASTYM on my knee, lower leg, and foot. The pain was intense and caused bruises all over my calf. I had to beg the therapist to be more gentle and avoid the bruised areas (which she didn't).
If you ignore one of the binding provisions in a letter of intent, you may be required to pay fees and. fines. For example, if you breached a clause that prohibited you from publicizing the letter of intent, a court could prevent further disclosure and order you to pay damages to the other party. After signing a letter of intent, do not disclose confidential information relating to the letter or the proposed transaction without the other partyâs consent. Limit the use of terms like âintend,â âdesire,â âwould,â or âmay.â
The legal issue with a letter of intent has to do with whether it is a legally binding document or just an expression of the parties' intent to try to make a deal. If not drafted properly, a letter of intent that was only meant to be an expression of ideas about a possible future agreement can produce costly litigation. In addition, a court may decide that the seemingly nonbinding letter of intent is a wholly or partially legally binding contract. Letters of intent appeal to many business people because there is the perception that the deal is more likely to happen if something is put on paper.