Legal Opinions in Commercial Transactions 4th Edition

Long regarded as the "bible" in Canada on third party legal opinions, this is a textbook written "by a practitioner for practitioners". Now in its fourth edition, this book contains updates in the law and in customary practice since its last publication date 9 years ago.

Canadian lawyers have relied on this authoritative book for guidance on giving and receiving commercial legal opinions. This book examines all aspects of commercial transaction opinions in a variety of contexts, including commercial loans, M&A transactions, securities offerings, secured financings, and cross-border transactions.

Because of the dearth of literature on opinions in Canada, this text relies heavily on, and quotes extensively from, U.S. commentaries, texts, bar association reports, and case law for guidance and as support for statements made in the text. It should therefore be a highly useful reference tool for American lawyers giving and receiving commercial transaction opinions.

Book features:

• Contains an extensive amount of sample opinion language; provides a useful starting point for lawyers drafting or reviewing opinions
• Helps busy lawyers quickly find a reference point for difficult opinion issues
• Gives an expert's view on what proper opinion practice is and isn't
• Discusses standard opinions and qualifications commonly found in most commercial transaction opinions
• Explores opinion issues specific to particular types of transactions and to specific types of business entities, including corporations, general partnerships, limited partnerships, and business trusts
• Gives readers guidance on what opinion requests are not acceptable and should not be given Legal opinions in both Canadian and American contexts