All content for Let’s Talk - Lozano Smith Podcast is the property of Lozano Smith and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Episode 96 Signed, Sealed, Liable: The Realities of Opinions of Counsel
Let’s Talk - Lozano Smith Podcast
38 minutes 39 seconds
3 months ago
Episode 96 Signed, Sealed, Liable: The Realities of Opinions of Counsel
In this episode, host Sloan Simmons joins Public Finance Chair Daniel Maruccia and Municipal and Governance Co-Chair Mary Lerner to discuss opinions of counsel and their important role relating to bond issuances and related transactions. Dan and Mary discuss the legal parameters applicable to opinions of counsel as well as practical impacts and challenges that can arise in this area of the law.
Show Notes & References
1:26 – What are Opinions of Counsel
2:26 – Who asks for an Opinion of Counsel and why
10:08 – Information needed prior to signing an Opinion
12:09 – The seriousness of signing Opinions
15:01 – Unqualified v. Qualified Opinions
16:19 – Due diligence analysis
23:48 – Consequences to being wrong
25:39 – Timelines and missing deadlines
32:05 – Best practices
For more information on the topics discussed in this podcast, please visit our website at: www.lozanosmith.com/podcast