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Empro Manufacturing Co. v. Ball-Co Manufacturing, Inc.

7th Cir. 1989

tl;dr: Two companies signed a letter of intent (LOI) with general terms but also predicted further negotiations. Those negotiations fell through and one of the companies started negotiating with someone else.

IRACIssue, Rule, Analysis, Conclusion

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Facts & Holding

Facts:The two parties reached an agreement on the general terms...

Holding:The nature of the letter of intent signed by the...

Empro Manufacturing Co. v. Ball-Co Manufacturing, Inc.

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