Transactional legal opinions, whether for financings, mergers and acquisitions or securities deals, require lawyers to draft tens of pages to opine on matters that take half a page. Why the assumptions? Why the qualifications? Why the trouble? The panel will review and discuss standard structures to legal opinions, what to request when you are the addressee and what to avoid when drafting. Should in-house lawyers provide opinions? What deals should you never opine on? The panel will give its opinion on opinions to further your opinion.
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not be construed as legal advice or legal opinion on specific facts and should not be considered representative of the views of its authors, its sponsors, and/or ACC. These resources are not intended as a definitive statement on the subject addressed. Rather, they are intended to serve as a tool providing practical advice and references for the busy in-house practitioner and other readers.