Hi ^redacted‌, I’m sorry to hear about your recent experience, but I believe this situation might turn out to be a blessing in disguise. If the seller is willing to break an LOI, it raises concerns about their ability to uphold a purchase agreement and, especially their commitment to assist you during the transition after purchase. As a lawyer, I would recommend sending a demand letter for your costs and if they pay great; if they don't, I would let this one go. Based on their actions, it is likely they would refuse. Pursuing this matter could lead to years of litigation, and finding a lawyer willing to take the case on contingency may prove challenging. Instead, I suggest redirecting your energy towards finding a business that aligns better with your goals. I also agree with ^Elliott Holland's suggestion to consider incorporating protective language in future agreements. Language where the seller would cover your costs should they fail to uphold the exclusivity of the agreement. However, if you find yourself needing to enforce moral obligations and contract terms on the seller, it raises the question of whether these are the right business partners for you.

Hey Elliott: Great to hear from you again! Appreciate the perspective. I like your suggestion to include protective language in future LOIs. Will certainly move in that direction going forward