It has become common place in the universe of
multi-jurisdictional transactions for parties to seek a legal
opinion ("Opinion") on entities domiciled in, or
documents governed by the law of, the jurisdictions that are not
"known" to the requesting party.
These Opinions add an additional layer of comfort for the
requesting party that their foreign law counterparts in the
transaction are able/authorised to participate in the transaction.
The types of transactions in which Opinions appear range from
bank/institutional credit/financing through M&A and real estate
acquisitions to investment fund launches/closings.
The following are some frequently asked questions in relation to
the practical aspects of the issue of Guernsey law Opinions in
connection with international transactions.
