When is Renegotiating Post LOI Appropriate?

Mike Harvath, Matt Lockhart, and Ryan Barnett discuss the process of renegotiating deals after a Letter of Intent (LOI) has been signed. They explain that while an LOI is non-binding, it sets the stage for final agreements. Changes in business conditions or due diligence findings can necessitate renegotiation. Key factors include changes in profitability, lost or gained contracts, and discrepancies in EBITDA calculations. Key points in this episode:When to Renegotiate the LOIBinding and Non-Binding Terms in an LOIRole of Advisors in RenegotiationsLegal and Contractual Considerations& more RELATED EPISODESEpisode 158: Between the LOI and Deal Close, What Should you Expect? Listen now >>Episode 105: Pre LOI and Post LOI Information Requests. Listen now >>Episode 104: Honoring the LOI: When to Consider a Re-Trade. Listen now >>   Listen to Shoot the Moon on Apple Podcasts or Spotify. Buy, sell, or grow your tech-enabled services firm with Revenue Rocket.