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Borrowers Opinion Letter

Miller Nash LLP

Why Does My Lender Want My Attorney to Send It an Opinion Letter?

Miller Nash LLP on

Although they have been around for many years, it is becoming more common for a commercial loan lender to require that the borrower’s counsel provide it with an opinion letter. At first blush, this may seem like an oddity:...more

Fox Rothschild LLP

Opinion Letters In Loan Transactions- An Added Cost For Borrower

Fox Rothschild LLP on

Legal opinion letters (“Opinion Letter”) have become a very valuable piece of a loan transaction for all parties involved. More often, Lenders are now requiring that a Borrower’s counsel provide an Opinion Letter at the...more

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