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A legal opinion identifies legal risks and issues that the recipient should address as part of the transaction. For example, an opinion may identify certain documents that have not been validly executed and which are therefore unenforceable.
Of counsel. 1 : assisting another lawyer in a case was attorney of counsel. 2 : employed on a part-time basis a tax attorney will move also and become of counsel National Law Journal. counsel. transitive verb.
Opinion of Counsel means a written opinion from legal counsel who is acceptable to the Trustee. The counsel may be an employee of or counsel to the Company or the Trustee.
Local Counsel Knows the Local Rules And, yes, there are local rules for each individual court. Certain judges even have their own rules. If you hire local counsel, chances are, he/she will have a deep understanding of the local rules. This serves both the client and lawyer in the long run.
An opinion letter, also called a legal opinion, is a letter issued by a legal counsel that facilitates a lender's due diligence process in a transaction.
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.
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.
Lawyers very often use the term local counsel to describe an attorney who provides assistance on a matter within their jurisdiction, while the attorney primarily responsible for the matter, or lead counsel, practices in a different jurisdiction.
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.
Structure of an Opinion LetterSalutation The greeting with the recipient's name (e.g. Dear Ms. Smith). Introduction A short one-paragraph statement of the purpose of the letter. Statement of Facts (only include when instructed) A short statement of the relevant facts.