Heads Of Agreement Vs Term Sheet

September 22, 2021 in Uncategorized by

One thing is clear: failure to comply with a hearing provision does not lead a court to order the parties to “enter into the agreement”. It is such an atrocity in common law traditions that no ordinary court would adopt such an approach and that a negotiating provision will never be interpreted by a court as a promise of the parties to reach an agreement. . . .