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David Sands is a partner and Leader of the Entertainment and Digital Media Team. He is also the former Practice Leader of the Firm's Corporate Practice Group. David splits his time among the Firm's Los Angeles, Orange County, and Century City offices.

In almost all corporate transactions, the first piece of written documentation the parties exchange and execute (after a non-disclosure agreement) is a letter of intent or term sheet (“LOI”), which is intended to summarize the main deal points. And as many corporate transactions involve entities organized in Delaware, these documents often select Delaware as the governing law.
Continue Reading When Is a Non-Binding Term Sheet or Letter of Intent Enforced as a Binding Contract?