Write notes on the following: Need for a legal opinion

The need for a legal opinion arises from the following: Interpretation of statutes or documents Advise a transaction structure Opinion for guidance of decision makers in commerce, industry or government Opinion to Lenders on enforceability of Finance Documents Opinion for Investors for compliance by Target Companies Opinion on Foreign Direct Investment Determining provision for contingent liabilities or determination of contingent assets Merits or demerits of legal proceedings Provision for contingent liabilities or Identification of contingent assets Initiating civil or criminal proceedings Drafting a pleading Preparation for trial of arbitral or legal proceeding Ascertain compliance level for issue of securities and identification of risk factors for investors Valuation of business