RPFSS Brown Bag: Local Counsel Opinions
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Date and Time: Friday, January 19, 2018, 12:00pm to 1:00pm
Location: From your computer. TO VERIFY YOUR SYSTEM COMPATIBILITY CLICK HERE
Credit: This seminar qualifies for 1 CLE Credit
$10 RPFSS Section Members (LIVE WEBCAST) (1 CLE Credit)
Same day registrants are welcome, but please register at least one hour before the webcast.
$35 Non RPFSS Section Members (LIVE WEBCAST) (1 CLE Credit)
Attorneys may join the RPFSS Section to take advantage of this RPFSS Section Member rate, membership is $30.*
*If you would like to join the RPFSS Section, please submit separate checks made out to the HSBA for the RPFSS Section membership payment and download this CLE Registration Form.
Cost includes the LIVE webcast ONLY which will run from 12:00 pm to 1:00 pm HST.
Cancellation/Refunds: Cancellation requests must be received by Friday, January 12, 2018 for a full refund. There will be no refunds if you miss the live webcast. Please check your system requirements early to avoid missing the program. Availability of HSBA Staff assistance will be limited on the day of the program.
Hawaii real estate attorneys often provide third party legal opinions in connection with loan transactions. This practice continues to evolve. Today there are considerable written resources to assist the opinion giver in rendering these opinions. This real estate and financial services section has endeavored to provide assistance to Hawaii attorneys giving such opinions since 1986 and published the Hawaii 2000 Report which guides counsel in transactions involving local borrowers with local banks.
This presentation will focus on mainland borrowers borrowing money from mainland banks where Hawaii real estate is involved. When Hawaii attorneys are asked to provide a local counsel opinion, there should be a clear division of labor between the opinions to be provided by lead counsel from the mainland and the Hawaii counsel acting as local counsel.
This presentation will provide an overview of this division of labor with a focus on providing opinions only on those loan documents (or parts thereof) that are subject to Hawaii law and recommendations on how to provide such local counsel opinions.
Raymond S. Iwamoto, Schlack Ito
RAYMOND S. IWAMOTO practices as a transactional lawyer, handling complex real estate and business transactions.He is a Fellow of the prestigious American College of Real Estate Lawyers and served a three year term on its Board of Governors. He has been listed in the Best Lawyers in America, Chambers USA America’s Leading Lawyers for Business, Superlawyers, and the International Who's Who of Real Estate Lawyers. He is listed in the 14th Edition of Who's Who Legal: Real Estate 2017 as one of the leading real estate practitioners in the United States.
He represents local, national and international developers, land owners, financial institutions and individuals engaging in diverse real estate and business acquisitions, development and real estate financing in Hawaii. He has been engaged as an expert witness in real estate litigation.
Mr. Iwamoto was born and raised in Honolulu, Hawaii, and graduated from McKinley High School. He is a former U.S. Army Captain, Medical Service Corps., a Vietnam war veteran and a former State Judge Advocate General for the Hawaii Army National Guard.
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Questions? Please contact HSBA CLE Department at 537-1868 or CLE@hsba.org.