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Avoiding Problems with Your Memorandum of Understanding (MOU)

A Memorandum of Understanding or more commonly referred as MOU, is a rather popular document but often plagued with problems. This due to the fact that persons who use a MOU do not really understand what it is and how best to use it. Quite often used when parties are...

Memorandum of Understanding (MOU) – Is It A Formal Contract

A Memorandum of Understanding or more commonly referred as MOU is a document often used, wrongfully, in the belief that a MOU is not binding. Quite often, to keep costs low, a MOU is drafted without the advice of a competent commercial lawyer. Problems will arise if...
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