Delaware Form of Opinion of Local Counsel for Lessee

State:
Multi-State
Control #:
US-60948
Format:
Word; 
Rich Text
Instant download

Description

This form is an opinion of local counsel for the lessee. The form provides that none of the agents and the lenders are required under the laws of the state to qualify as a foreign corporation, foreign trust company or otherwise in the state, or to file any designation for service of process in the state, solely as a result of its execution, delivery and performance of the subject documents to which it is a party.
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FAQ

In law, a legal opinion is in certain jurisdictions a written explanation by a judge or group of judges that accompanies an order or ruling in a case, laying out the rationale and legal principles for the ruling.

Also known as an 'opinion letter', a legal opinion is given in the form of a letter issued by a law firm expressing legal conclusions and/or analysis of a specific transaction. The recipient of the opinion will then rely on its contents as a basis for entering into the transaction.

A legal opinion will often contain a complicated set of facts which will have to be sorted into specific legal issues and defined in legal terms. Clarity of expression is therefore vital. Clarity of expression can only be achieved through thorough planning and thought. A thorough plan will lead to a logical structure.

How to Write an Opinion LetterState the facts: The facts are the answers to the client's questions.Analysis: For an easy analysis, first set out the provision of the law and the law itself.Answer the query: To answer the query, you will rely on the fact and analysis sections.More items...?

Opinion of Counsel means a written opinion from legal counsel who is acceptable to the Trustee. The counsel may be an employee of or counsel to the Company or the Trustee.

Definition of 'legal opinion' 1. judgment or belief not founded on certainty or proof. 2. the prevailing or popular feeling or view. public opinion.

Depending on the analysis of some facts which may be past or present, a lawyer can give a legal opinion. In some cases such as property cases, a legal opinion can be obtained, for other issues related to past or current affairs, a legal opinion can be obtained.

Also called an opinion letter. An opinion from lawyers issued in letter form expressing legal conclusions about and/or legal analysis of a transaction or matter which is relied on by the addressee of the opinion.

An easy way of analysing is to first set out the law and the provisions of the law (or laws) that are applicable. Then you go on to summarize the binding precedents (judgments of the Supreme Court and the High Court of the State exercising jurisdiction over the subject matter) with full citations.

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Delaware Form of Opinion of Local Counsel for Lessee