Bibliographic Information

Legal opinions in international transactions

Michael Gruson, Stephan Hutter, Michael Kutschera

(International Bar Association series)

Kluwer Law International : International Bar Association, 2003

4th ed

Available at  / 5 libraries

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Note

Previous ed.: 1997

Includes bibliographical references

Description and Table of Contents

Description

Sponsored by the Banking Law Committee (E) of the International Bar Association's Section of Business Law, this fourth edition is the result of extensive discussions at many IBA conferences of lawyers worldwide who provide commentary on a multitude of issues which may arise in the process of rendering legal opinions in international transactions. In most important international business transactions opinions of counsel are required as a condition precedent to the "closing" of the transaction. This book analyses and comments on the clauses of a typical legal opinion requested in an international transation. The book explains meaning given to such opinion clauses by US counsel, discusses under the law and practice of 25 countries whether such opinion can be given and whether or not modifications are advisable and addresses the investigation necessary to enable a lawyer to render a correct opinion. The book also contains a chapter discussing the opinion a non-US lawyer should request from a US lawyer. The fourth edition adds a discussion of the special issues involved in opinions rendered by in-house counsel. The principal purpose of the book is to improve the communications between the lawyer - frequently a US attorney - requesting the opinion and the lawyer rendering the opinion. Both must have a common understanding of the meaning of the terminology used in, and the scope of, the opinion. Another important purpose of the book is to analyse the interdependence of the opinions of counsel from several countries rendered in connection with one transaction. This frequently requires a conflict of laws analysis. Where the laws of several countries apply to a transaction, the various opinions must be put together like pieces of a puzzle before the recipient of the opinion can be certain that all relevant legal issues, under all relevant legal systems, have been fully addressed.

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Details

  • NCID
    BA65012020
  • ISBN
    • 9041199020
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    London
  • Pages/Volumes
    xvi, 293 p.
  • Size
    25 cm
  • Classification
  • Subject Headings
  • Parent Bibliography ID
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