05
Jul 2023
The Importance of Heads of Terms in Commercial Transactions
In this article, Sarah Hemmings and Kyrran Dearnley-Porter in our Corporate and Commercial department explain what Heads of Terms (“HOT”) are and consider the benefits of both sides to a commercial transaction agreeing and executing Heads of Terms as a preliminary step. A HOT document, sometimes known as a Letter of Intent or Memorandum of…

