The Collected ABA and Tribar Opinion Reports 2009 cover
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The Collected ABA and Tribar Opinion Reports 2009

ISBN
9781604424706
Publisher
American Bar Association
Condition
$81.99 one-time purchase · 15% restocking fee on returns

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The Collected ABA and Tribar Opinion Reports 2009 ISBN 9781604424706

The meaning and reliability of legal opinion letters delivered to third parties in business transactions—commonly known as “closing opinions”—are grounded in the customary practices of lawyers who regularly issue such opinions and those who advise their recipients. These customary practices define both the substance of closing opinions and the level of diligence lawyers are expected to undertake in support of them.

The most authoritative national guidance on customary opinion practice is found in the reports issued by the TriBar Opinion Committee and by committees of the ABA Section of Business Law, all of which are compiled in this volume. These committees are composed of experienced lawyers from across the United States, representing a broad spectrum of business transactions and practice environments.

Since 1993, the ABA has published collections of TriBar Opinion Committee reports in book form. The 2005 edition expanded this collection to include reports from the Committee on Legal Opinions of the ABA Section of Business Law. The 2009 edition further consolidates the most current reports from these committees, along with other significant ABA Section reports addressing closing opinions. Each report is reproduced as originally published in The Business Lawyer.

Presented in a single, convenient, and portable volume, these influential reports clarify and standardize the scope, meaning, and use of legal opinions in third-party transactions. This essential reference significantly reduces the time and effort required to negotiate and prepare closing opinions, while also helping to minimize the professional risk faced by lawyers who provide them.

The Collected ABA and Tribar Opinion Reports 2009 ISBN 9781604424706, 978-1604424706 & 978-16044-24706