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The Role of the Letter of Intent


By: Richard H. Mains, Member One of the early-stage, primary questions that arises in connection with the purchase or sale of a business, or other important transaction is whether or not the parties should enter a letter of intent (“LOI”).  While not always appropriate or justified, an LOI can serve an important role in a transaction. An LOI typically sets

Highlighting the Kentucky Fairness in Construction Act (KRS 371.400 et seq.)


By: Howard P. Ball, Associate Since its enactment in 2007, the Kentucky Fairness in Construction Act (KRS 371.400 et seq., the “KFCA”) has been a tool for lawyers with clients in the construction business. The KFCA’s provisions are relevant to both litigators and transactional attorneys. Notably, the KFCA does not apply to residential construction. The following is merely a summary