Description
Drafting a legal opinion requires specialized due diligence and legal research, often while under a tight time constraint as the clock ticks and the pressure builds to get the deal finalized. Careful consideration must be given to ensure that the information detailed in the legal opinion letter is not only in accordance with the sometimes vague rules of customary practice, but also does not render an opinion that could mislead the recipient.
Join us for the 60-minute program that will explain the language used and best practices regularly followed by lawyers in rendering and receiving basic opinions given in most corporate and unsecured banking transactions. Our expert faculty will provide instructions to those giving and receiving third-party legal opinions, as well as give guidance for litigators and judges in determining whether an opinion giver is liable for a third-party legal opinion given in a transaction.
Topics include:
- Drafting the language used basic opinion letters
- Practices customarily followed by in rendering and receiving basic opinions given in most corporate and unsecured banking transactions
- When is an opinion typically requested?
- Under what circumstances can an opinion can be waived?