Letter of Intent governed by the law of Delaware, United States
DealDocs sets the laws of the State of Delaware, without regard to its conflict of laws principles as the governing law when you choose Delaware, United States. The forum clause reads: “The Parties irrevocably submit to the exclusive jurisdiction of the Court of Chancery of the State of Delaware or, if that court lacks subject matter jurisdiction, the Superior Court of the State of Delaware or the United States District Court for the District of Delaware, in respect of any dispute arising out of or in connection with this document.”
Governing law
the laws of the State of Delaware, without regard to its conflict of laws principles
Legal system
Common law, a common law system, where statutes sit alongside a substantial body of judicial precedent that shapes how contract terms are actually read.
Conventional arbitration seat
Wilmington, Delaware
Naming a party formed here
DealDocs' guided interview references the State of Delaware when you enter a party formed in Delaware, United States.
What's different about a Letter of Intent in Delaware, United States
The same SIGA Technologies precedent applies with equal force to an LOI governed by Delaware law, making the remedies limitation and no-duty-to-negotiate clauses genuinely load-bearing rather than boilerplate. Delaware's broad acceptance as a neutral governing law choice, validated by 6 Del. C. § 2708 for larger deals, is also why it's common even when neither party is based there.
Build your LOI for Delaware now
The guided interview asks for the governing law up front, so the right jurisdiction-specific clauses are included automatically. Preview the full plain English guide and completeness check for free before you unlock the document.
Frequently asked questions
Why is Delaware a common governing law choice even for out-of-state deals?
Delaware’s own statute (6 Del. C. § 2708) validates that choice for contracts of $100,000 or more regardless of where the parties are located.
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