opinion of counsel definition

opinion of counsel

Formal, written report by an attorney (or a firm of attorneys) to a client on a specific case or legal problem. It outlines the (1) attorney's understanding and analysis of the facts basic to the case or problem, (2) implication of applicable laws, and (3) a suggested course of action. In some instances (such as in purchase of a property or a firm) where the report certifies the seller's title or legal status, the attorney may be liable for damages if it turns out to be incorrect. Also called legal opinion.

opinion of counsel is in the Corporate, Commercial, & General Law subject.

opinion of counsel appears in the definitions of the following terms: legal opinion and opinion

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