California Legal Opinion Checklist

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US-DD05102
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This form outlines the companys legal opinion checklist for the due diligence team regarding business transactions.

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FAQ

A legal opinion will often contain a complicated set of facts which will have to be sorted into specific legal issues and defined in legal terms. Clarity of expression is therefore vital. Clarity of expression can only be achieved through thorough planning and thought. A thorough plan will lead to a logical structure.

A legal opinion is an opinion expressing legal conclusions about and/or legal analysis of a transaction or matter.

A judicial opinion is a form of legal opinion written by a judge or a judicial panel in the course of resolving a legal dispute, providing the decision reached to resolve the dispute, and usually indicating the facts which led to the dispute and an analysis of the law used to arrive at the decision.

Enforceability Opinion means a reasoned opinion of Seller's outside legal counsel in a form reasonably acceptable to, and addressed to, Buyer as to the enforceability and due authorization of this Agreement.

Are the Attorney General's opinions binding? The Attorney General's opinions are advisory, and not legally binding on courts, agencies, or individuals.

In law, a legal opinion is in certain jurisdictions a written explanation by a judge or group of judges that accompanies an order or ruling in a case, laying out the rationale and legal principles for the ruling.

Depending on the analysis of some facts which may be past or present, a lawyer can give a legal opinion. In some cases such as property cases, a legal opinion can be obtained, for other issues related to past or current affairs, a legal opinion can be obtained.

Also called an opinion letter. An opinion from lawyers issued in letter form expressing legal conclusions about and/or legal analysis of a transaction or matter which is relied on by the addressee of the opinion.

Opinions - this is the key element of the legal opinion. They are statements relating to specific points of law and will generally cover matters such as the incorporation and existence of a foreign entity, that entity's ability to enter into the transaction documents and the enforceability of those documents.

State the facts: The facts are the answers to the client's questions. The facts should answer the questions with a 'yes' or 'no. ' Any fact that has not been supplied should not be included in the narration. However, any natural interface or presumption you have made from the facts must be included.

More info

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California Legal Opinion Checklist