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Message: Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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Shash
Mar 16, 2018 11:30AM
Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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PoeticLicense
Mar 16, 2018 11:54AM
Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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fairchijisback
Mar 16, 2018 12:15PM
Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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VanVillain
Mar 16, 2018 12:20PM
Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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jets911
Mar 16, 2018 12:21PM
Re: In China, Treat A Memorandum Of Understanding Like A Binding Contract
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fairchijisback
Mar 16, 2018 12:33PM

One would have to read the MOU to better analyze what part of it, if any, is binding, and under what law the MOU would be interpreted.  For example, would the choice of law provision be binding?  That may well depend on in what country a suit to enforce the MOU would be brought. 

I don't think it is of all that much consequence either way.  What each party wants is a happy partner and technology which is properly functioning and marketable at a decent profit.

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