ended4월 6일· 1 sources
'우유팩 인수 무산' 소송서 서울우유, 삼영에 최종 승소
Why it matters
This ruling clarifies a critical principle in M&A: preliminary agreements and letters of intent don't create binding obligations without formal contract execution and agreed pricing. For companies negotiating acquisitions, it demonstrates that even with formal internal approvals and detailed due diligence, preliminary interest doesn't obligate deal completion—emphasizing the legal necessity of explicit contractual terms and formal procedures in major corporate transactions.
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Seoul MilkSamyoungCarton packagingM&AAcquisition dispute