• The South Carolina Third Party Legal Opinion Report
  • August 5, 2015 | Author: Laurie A. Becker
  • Law Firm: Nexsen Pruet, LLC - Columbia Office
  • The introduction to the report, in part:

    Lawyers are frequently asked to deliver legal opinions in a variety of business, corporate and commercial transactions to third parties who are not the lawyer’s client in the transaction.

    Many state and national legal associations have adopted opinion reports and guidelines to assist lawyers in the preparation of legal opinions.

    This Report begins with an annotated form of a third party legal opinion (the “Illustrative Form of Opinion”), provided as a sample opinion, which serves as the basis for the Report’s various opinion discussions.

    As opinion practice continues to evolve, the Committee will endeavor to keep the Section apprised of relevant changes and trends in opinion practice from time to time.