Legal opinions in business transactions

Featuring model sample opinions, PLI's Legal Opinions in Business Transactions provides the knowledge, tools, and experienced counsel that enable you to craft rock-solid third-party opinion letters more easily and economically. Legal Opinions in Business Transactions, now in a convenient softcover format, helps you to craft rock-solid opinions by clearly explaining the rights, obligations, and expectations of opinion givers, preparers, and recipients * the purpose, initiation, structure, terms, review, timing, delivery, and updating of third-party opinion letters, including how the law, facts, documents, exceptions, and assumptions are integrated * the function and components of interrelated and supporting opinions * and the respective liability exposure of opinion givers, preparers and recipients for opinion letter missteps. It includes refresher chapters which provide a succinct overview of the principles, players and procedures involved in creating opinion letters. Included is a new chapter for inexperienced attorneys, which provides a succinct overview of the principles, players, and procedures involved in creating opinion letters. Updated as needed, Legal Opinions in Business Transactions is an important working tool for every attorney who works with legal opinions.

Volume 1. Opinion letter practice -- volume 2. Opinion letters in regulated and special situations -- volume 3. Risk management and opinion resources, Appendices.

Third-party closing opinions; basic concepts, duties and roles -- Vocabulary and usage in third-party closing opinion practice -- Underlying assumptions shape third-party closing opinion practice -- The thought process of the third-party closing opinion preparer: emulating the hypothetical contemporaneous court -- Establishing facts and the use of factual assumptions -- The remedies opinion -- Agreements, third-party closing opinions and multi-jurisdictional transactions -- General form of third-party closing opinion letters -- Some characteristic third-party closing opinions -- Third-party closing opinion letters: the role of recipient's attorney -- Opinion preparer's handling of opinion requests and the overall opinion situation -- Diligence about non-corporate entities and arrangements -- Closing opinions to clients -- Getting started: an outline for those beginning to learn about opinions -- Bankruptcy opinions -- Business acquisitions opinions -- Delaware third-party closing opinions: an outline on basic Delaware corporation and limited liability company opinions -- Corporate trust opinions -- Municipal bond opinions -- Remedies opinions in commercial real estate financing transactions -- Securities law opinions -- Security interest opinions under U.C.C. Article 9 -- Tax opinions -- The opinion committee: internal standards for opinion giving; risk and quality control -- Ethics and professional liability -- Handling liability claims.