The Miller's Tale is a cautionary tale of characters each of whom in his way assumed too much, and failed to take account of reservations. Much like certain legal opinions. This panel will consider the ethical issues of third party opinion givers in conjunction with the Tri-Bar approach developed more than 25 years ago, the trials and tribulations of "advance waivers" and certain ethical issues involved with opinions given by purchasers' counsel. The panel will also consider the opinion issues which can arise in cross-border transactions, including differences in the practice of issuing
The panel will review US and European private placement markets in 2017 and discuss documentation changes arising in 2017 and potential changes. Will include an insight into the investment decision for private placements and the impact of legal documentation on investment decisions.