Non-binding memorandum of understanding

loss of chance not verified. No br each of the duty of confidentiality (legal opinion)

Authors

  • Giovanni Ettore Nanni

Keywords:

Memorandum of understanding , Loss of chance doctrine , Loss of profits , Duty of confidentiality , Due diligence for the execution of a share purchase agreement

Abstract

This is an excerpt from a legal opinion issued in an arbitration proceeding in which the legal nature of a memorandum of understanding was discussed, particularly whether the instrument was binding on the parties. It discusses the theory of civil liability due to the loss of chance vis-à-vis the civil liability due to loss of profits. The paper also discusses the duty of confidentiality arising from a due diligence carried prior to execution of a share purchase agreement.

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Author Biography

Giovanni Ettore Nanni

Mestre e Doutor em Direito Civil pela Faculdade de Direito da Pontifícia Universidade Católica de São Paulo – PUC-SP. Professor de Direito Civil nos Cursos de Graduação e de Pós-Graduação Stricto Sensu na PUC-SP. Presidente do Comitê Brasileiro de Arbitragem – CBAr. Advogado em São Paulo.

 

Published

2021-03-27

How to Cite

GIOVANNI ETTORE NANNI. Non-binding memorandum of understanding: loss of chance not verified. No br each of the duty of confidentiality (legal opinion). Journal of Contemporary Private Law, [S. l.], v. 24, p. 317–346, 2021. Disponível em: https://ojs.direitocivilcontemporaneo.com/index.php/rdcc/article/view/797. Acesso em: 4 apr. 2025.

Issue

Section

Ensaios e Pareceres

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