This preview shows page 1. Sign up to view the full content.
Unformatted text preview: Trump and Chapter House, respectively. Trump and Chapter House ask their lawyers (Groups C and D, respectively) to draft a Letter of Intent that would be best for their respective clients to use and send it to the other side. 1 Frank then asks his lawyers (Group A to respond to Trump/Group C; Group B to respond to Chapter House/Group D) to advise how to respond and, if appropriate, prepare a markup in response. Your clear thinking has made you a sought-after lawyer, however, and you were just too busy to get through more than the first section regarding the form of acquisition. The rest will have to wait for another day. Assume for this exercise that Royal Palm is a Delaware corporation. 1 Note to Groups A and B: if your advice to Trump/Chapter House would be not to propose a letter of intent, please still produce a draft but indicate in your cover letter your position....
View Full Document
This note was uploaded on 11/28/2009 for the course LAW 7591 at Cornell University (Engineering School).