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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...
Gold Territorial Psychic Library
  07/24/17
...
odious house-broken private investor property
  07/24/17
No shit the client doesn't care if the law firm's opinion is...
Mischievous Forum
  07/24/17
...
Navy razzle-dazzle menage
  07/25/17
There's no reason to give opinion letters unless it's some h...
Seedy Dilemma
  07/24/17
legal opinions in securities offerings are fucking hilarious...
Multi-colored dingle berry
  07/24/17
i thought you meant like an alarm would go off and the inter...
Motley state persian
  07/24/17
...
Submissive center
  07/25/17
TWO. PARTNER. APPROVAL.
green beady-eyed lay prole
  07/24/17
...
pungent stead background story
  07/25/17
rofl holy shit legal opinions are so faggot
Multi-colored dingle berry
  07/24/17
we literally have an "opinion committee" of a half...
odious house-broken private investor property
  07/24/17
(Could be a lot of firms but most recently skadden)
Exhilarant Bbw
  07/25/17
huge fags itt
Aromatic Chocolate Brethren
  07/24/17
(gunner non-equity partner on his firm's opinion cmmttee)
Multi-colored dingle berry
  07/25/17
...
Exhilarant Bbw
  07/25/17
Opinion committees ime are always comprised of two or three ...
ebony cruel-hearted really tough guy
  07/24/17
...
odious house-broken private investor property
  07/24/17
We have reviewed all the stuff. If the data is accurate and...
zombie-like scarlet athletic conference
  07/24/17
...
pink awkward main people home
  07/25/17
rofl cr
Multi-colored dingle berry
  07/25/17
would also have accepted "here is our weighty legal opi...
Multi-colored dingle berry
  07/25/17


Poast new message in this thread



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Date: July 24th, 2017 9:59 PM
Author: Gold Territorial Psychic Library

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: odious house-broken private investor property



(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: Mischievous Forum

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: Navy razzle-dazzle menage



(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: Seedy Dilemma

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: Multi-colored dingle berry

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: Motley state persian

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: Submissive center



(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: green beady-eyed lay prole

TWO. PARTNER. APPROVAL.

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



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Date: July 25th, 2017 12:59 AM
Author: pungent stead background story



(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: Multi-colored dingle berry

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: odious house-broken private investor property

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: Exhilarant Bbw

(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: Aromatic Chocolate Brethren

huge fags itt

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



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Date: July 25th, 2017 12:05 AM
Author: Multi-colored dingle berry

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

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



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Date: July 25th, 2017 12:37 AM
Author: Exhilarant Bbw



(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: ebony cruel-hearted really tough guy

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: odious house-broken private investor property



(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: zombie-like scarlet athletic conference

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: pink awkward main people home



(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: Multi-colored dingle berry

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: Multi-colored dingle berry

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)