Legal Opinions/Lawyer’s Letters
Legal opinions are widely used in international transactions to get a clear picture of the relevant matters of local law.
The Lorenz corporate team frequently renders legal opinions on:
- the due establishment of legal entities involved;
- whether any of these entities has been declared bankrupt; and
- if the appropriate corporate action is taken to enter into the transaction; and the enforceability of the agreements and the security rights involved.
In the legal opinion, our lawyers also clarify the Kyrgyz law on the key legal issues of the deal.
In the lawyer’s letter, the lawyer states the significant litigation which is pending for a client. The financial accountant of the client uses this lawyer’s letter in the preparation of the financial statements of the company. At Lorenz, we prepare such lawyer’s letters for our clients free of charge.