The case highlights challenges for in-house lawyers in considering the true effect of preliminary agreements (heads of agreements, memoranda of understanding etc), especially in the context of compliance with continuous disclosure obligations of listed companies.

Preliminary agreements can be fraught with problems says Stanislav Roth. For in-house lawyers the task of ensuring the information they provide company directors and the market is both accurate and complete is a hugely challenging responsibility.

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By | Published On: 14th May, 2013 | Categories: Other legal services, Guides |