LEO: Firm Representing Competing Banks - LE Op. 231
Firm Representing Competing Banks - Conflicts in Interests.
December 28, 1973
It is not improper for members of the same law firm to act as counsel for
two competing banks, assuming, of course, that there is no actual legal
conflict between the banks and so long as both banks have consented to
such multiple representation after full disclosure. [See II: DR:5-105.]
Committee Opinion December 28, 1973