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OverviewProviding the guidance that law schools and most law firms don't offer, Legal Opinions in Business Transactions is the first practical, tool-filled guide to the step-by-step preparation of third-party closing opinions. This new second edition provides an important new framework for evaluating opinion problems as they emerge, focusing on those trouble spots in giving and receiving opinions that have become the basis for many recent claims. You'll get crucial new instruction on how to analyze these problem areas and how to avoid them. You'll also learn how to deal with an opinion when there is agreement that certain customary diligence is not to be done and how to limit the language of an opinion to indicate a narrower approach than usual. You'll also get new details on how to establish facts to be used as a basis for opinions and how to rely prudently on client representations and certificates, as well as new information on claims and insurance coverage. Emphasizing how legal opinions reduce the risk of delays, disputes, and lawsuits in business deals, this unique resource shows you how to quickly and easily draft acceptable opinions using guidelines developed through custom and sanctioned by the TriBar Opinion Committee and ABA Business Section Opinion Committee. Packed with dozens of ready-to-insert opinion clauses and sample opinion letters, Legal Opinions in Business Transactions gives you a firm grasp of the: Rights, obligations, and expectations of opinion givers, preparers, and recipients. Customary terms, components, and structure of third-party opinion letters including how the law, documents, and factual assumptions are used. Many types of interrelated opinions that form closing opinions including remedies opinions. Perils of departing from customary opinion practice including the danger of botched transactions and even lawsuits. Full Product DetailsAuthor: Arthur Norman FieldPublisher: Practising Law Institute Imprint: Practising Law Institute ISBN: 9781402402074ISBN 10: 1402402074 Publication Date: 01 August 2004 Audience: General/trade , General Format: Undefined Publisher's Status: Unknown Availability: Out of stock ![]() Table of ContentsReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |