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Always funny when Biglaw firms get worked up about legal opinions

At my old biglaw firm, these would be a battle. Now at my...
charismatic hot stead
  07/24/17
...
Aquamarine sadistic personal credit line pit
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Hairraiser location sweet tailpipe
  07/24/17
...
copper laughsome university
  07/25/17
There's no reason to give opinion letters unless it's some h...
balding institution main people
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Sickened Spectacular Ape Church Building
  07/24/17
i thought you meant like an alarm would go off and the inter...
Nighttime Theater Stage
  07/24/17
...
odious kitty cat
  07/25/17
TWO. PARTNER. APPROVAL.
khaki menage nibblets
  07/24/17
...
Kink-friendly amethyst athletic conference famous landscape painting
  07/25/17
rofl holy shit legal opinions are so faggot
Sickened Spectacular Ape Church Building
  07/24/17
we literally have an "opinion committee" of a half...
Aquamarine sadistic personal credit line pit
  07/24/17
(Could be a lot of firms but most recently skadden)
Insane Travel Guidebook
  07/25/17
huge fags itt
Lilac black woman
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Sickened Spectacular Ape Church Building
  07/25/17
...
Insane Travel Guidebook
  07/25/17
Opinion committees ime are always comprised of two or three ...
cracking cyan ticket booth
  07/24/17
...
Aquamarine sadistic personal credit line pit
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
Metal Smoky Locus Juggernaut
  07/24/17
...
Startled Bawdyhouse
  07/25/17
rofl cr
Sickened Spectacular Ape Church Building
  07/25/17
would also have accepted "here is our weighty legal opi...
Sickened Spectacular Ape Church Building
  07/25/17


Poast new message in this thread



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Date: July 24th, 2017 9:59 PM
Author: charismatic hot stead

At my old biglaw firm, these would be a battle.

Now at my boutique, we basically just give the lender whatever they reasonably request....knowing that the odds they are ever enforced is basically zero and our clients prefer we spend their money on more important things.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847500)



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Date: July 24th, 2017 10:04 PM
Author: Aquamarine sadistic personal credit line pit



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847548)



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Date: July 24th, 2017 10:07 PM
Author: Hairraiser location sweet tailpipe

No shit the client doesn't care if the law firm's opinion is shit because it is the firm's ass/reputation on the line if the opinion is wrong.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847566)



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Date: July 25th, 2017 12:52 AM
Author: copper laughsome university



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848863)



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Date: July 24th, 2017 10:02 PM
Author: balding institution main people

There's no reason to give opinion letters unless it's some huge deal and they are paying you a ton.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847533)



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Date: July 24th, 2017 10:04 PM
Author: Sickened Spectacular Ape Church Building

legal opinions in securities offerings are fucking hilarious

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847549)



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Date: July 24th, 2017 10:03 PM
Author: Nighttime Theater Stage

i thought you meant like an alarm would go off and the intercom "please report to the conference room, the 9th circuit just issued five opinions with 20 plus page opinions. we have ice cream."

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847536)



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Date: July 25th, 2017 12:37 AM
Author: odious kitty cat



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848760)



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Date: July 24th, 2017 10:03 PM
Author: khaki menage nibblets

TWO. PARTNER. APPROVAL.

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847541)



Reply Favorite

Date: July 25th, 2017 12:59 AM
Author: Kink-friendly amethyst athletic conference famous landscape painting



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848903)



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Date: July 24th, 2017 10:04 PM
Author: Sickened Spectacular Ape Church Building

rofl holy shit legal opinions are so faggot

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847545)



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Date: July 24th, 2017 10:06 PM
Author: Aquamarine sadistic personal credit line pit

we literally have an "opinion committee" of a half dozen partners. almost impossible to get anything done

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847555)



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Date: July 25th, 2017 12:37 AM
Author: Insane Travel Guidebook

(Could be a lot of firms but most recently skadden)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848750)



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Date: July 24th, 2017 10:06 PM
Author: Lilac black woman

huge fags itt

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847557)



Reply Favorite

Date: July 25th, 2017 12:05 AM
Author: Sickened Spectacular Ape Church Building

(gunner non-equity partner on his firm's opinion cmmttee)

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848533)



Reply Favorite

Date: July 25th, 2017 12:37 AM
Author: Insane Travel Guidebook



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848755)



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Date: July 24th, 2017 10:06 PM
Author: cracking cyan ticket booth

Opinion committees ime are always comprised of two or three rainmakers who have no idea what theyre signing (except the tax weirdo) and are never there to sign it

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847563)



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Date: July 24th, 2017 10:08 PM
Author: Aquamarine sadistic personal credit line pit



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847577)



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Date: July 24th, 2017 10:14 PM
Author: Metal Smoky Locus Juggernaut

We have reviewed all the stuff. If the data is accurate and the agreement terms are as presented by the issuer and the financial statements are accurate then we think your okay. But we cant say anything about any of thoee thongs because they are all someone else's responsibility. Xoxohth!

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33847624)



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Date: July 25th, 2017 12:03 AM
Author: Startled Bawdyhouse



(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848524)



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Date: July 25th, 2017 12:03 AM
Author: Sickened Spectacular Ape Church Building

rofl cr

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848526)



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Date: July 25th, 2017 12:04 AM
Author: Sickened Spectacular Ape Church Building

would also have accepted "here is our weighty legal opinion on the transaction in question: {2 paragraphs}. and here are our exceptions and qualifications: {9 pages}."

(http://www.autoadmit.com/thread.php?thread_id=3684007&forum_id=2#33848530)