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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 404478
 
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Commercial Lending Opinion Letters: Rights, Obligations and Expectations

Live Webinar
November 28, 2018
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Understand the proper role of the legal opinion and develop techniques to minimize or eliminate unnecessary and wasteful contention.

Commercial lenders routinely require a borrower's lawyer to deliver a legal opinion at the closing of the loan transaction. The borrower has to pay for this but rarely believes that the exercise provides any benefit to the borrower. If the legal opinion is not negotiated until the end of the transaction, or if the borrower's lawyer and the lender's lawyer cannot agree on some element of the opinion, it often becomes a sticking point at the last minute, exacerbating the borrower's frustration. How should a borrower's lawyer deal with the opinion requirement to ensure that the process is handled efficiently and (relatively) inexpensively?

This topic will help lawyers who engage in financing transactions - both on the lenders' and borrowers' side - understand the proper role of the legal opinion and develop techniques to minimize or, hopefully, eliminate unnecessary and wasteful contention over the issues that can arise if the process is not handled intelligently.

Learning Objectives

  • You will be able to identify issues covered by most closing opinions.
  • You will be able to describe entity issues.
  • You will be able to explain specific issues covered by some closing opinions.
  • You will be able to recognize the Investment Company Act.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart