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Legal Opinions in Business Transactions / Edition 2

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2006 Ringbound 2nd Edition New New 640 P. Providing 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. Read more Show Less

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More About This Textbook


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.

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Product Details

  • ISBN-13: 9781402407703
  • Publisher: Practising Law Institute
  • Publication date: 10/30/2006
  • Edition description: REV
  • Edition number: 2
  • Pages: 630
  • Product dimensions: 7.70 (w) x 9.90 (h) x 2.20 (d)

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