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Butler v. Balolia

736 F.3d 609 (1st Cir. 2013)

tl;dr: An inventor and a company signed a letter of intent (LOI) to negotiate using their best efforts on a purchase agreement. The transaction fell through and the inventor accused the company of making up "specious" reasons to make negotiations fail.

IRACIssue, Rule, Analysis, Conclusion

🤯 High points 🤯Key points contributed by students on LSD

Facts & Holding

Facts:Butler (an inventor) and Balolia (the president of a company)...

Holding:Vacated and remanded. The LOI here can plausibly be read...

Butler v. Balolia

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