ST Alpha - "In this case there are varying opinions the law firm can give a client." (Reading a Post)

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In response to "I am interested, I just dont' understand it all. -- nm" by Pippy and her candelabra

In this case there are varying opinions the law firm can give a client.

Posted by spamlet Sep 29 '15, 07:18

"More likely than not" - 51% chance of success

"Should" - 70-75% chance of success

"Will" - 90-95% chance of success

Giving a will opinion is the law firm giving its blessing to the transaction that it almost definitely will succeed despite the IRS stance. Yahoo must be paying fat cash for that opinion because getting a "should" opinion on routine matters is difficult enough.

Responses:

I'm not kidding when I say this is fascinating. Yahoo's game of chicken with regulators is going to produce huge fireworks. -- nm - Mop Sep 29, 07:37
hey what could go wrong *shrug* -- (link) - KPMG Sep 29, 07:20
And Skadden is a huge corporate law firm and one of the best well known. -- nm - spamlet Sep 29, 07:19

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In this case there are varying opinions the law firm can give a client.

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