Maine 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

Lawyers very often use the term local counsel to describe an attorney who provides assistance on a matter within their jurisdiction, while the attorney primarily responsible for the matter, or lead counsel, practices in a different jurisdiction.

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.

Associate counsel means an appointed attorney who does not have the primary responsibility for the case but nevertheless has casewide responsibility.

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. The main purposes of a legal opinion are: To inform the addressee of the legal effect of a transaction or matter.

The legal opinion letter must use appropriate terminology An opinion should be written in good grammar. An opinion should be written in clear and precise terms. An opinion should include accurate legal terminology where necessary. An opinion should deal appropriately with medical or other expert terminology.

Enforceability Opinion means a reasoned opinion of Seller's outside legal counsel in a form reasonably acceptable to, and addressed to, Buyer as to the enforceability and due authorization of this Agreement.

A local counsel service is someone who is extremely familiar with the local court system, the people involved, and the due process of the law for that particular area. This often comes into play when the client who is on trial lives in an area other than the one where they are having the hearing.

Opinions are in those jurisdictions usually published at the direction of the court, and to the extent, they contain pronouncements about what the law is and how it should be interpreted, they reinforce, change, establish, or overturn legal precedent.

Are the Attorney General's opinions binding? The Attorney General's opinions are advisory, and not legally binding on courts, agencies, or individuals.

It points to the key difference between a legal opinion and legal advicei.e., that a legal opinion is an attorney's analysis based on past or present facts, while legal advice is an attorney's counsel and guidance as to what future actions the client should take.

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Maine Form of Opinion of Local Counsel for Lessee