Care and Feeding of Local Opinion Counsel in Loan Transactions

Womble Perspectives

Womble Perspectives
Care and Feeding of Local Opinion Counsel in Loan Transactions
Jun 04, 2024
Womble Bond Dickinson

In the fast-paced world of loan transactions, efficient closing processes are crucial for both lenders and borrowers. A seamless closing process not only saves time but also reduces costs and risks involved in the transaction, and one critical yet often underappreciated role in this process is that of local opinion counsel. These legal professionals provide invaluable expertise on state-specific laws, ensuring that all legal aspects of the transaction are compliant with local regulations.

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About the author:
Bruce A. Buckley