LEO: Conflict of Interest - Trustee  LE Op. 554


Conflict of Interest - Trustee Representation of Noteholder.


April 10, 1984


It is not improper for an attorney/trustee under a Deed of Trust to

represent the Noteholder in a suit against the maker of the Note for the

deficiency which remained after foreclosure proceedings on the secured

property by the trustee, where the Noteholder has consented to the

representation but the maker has not so consented. [ DR:5-105, DR:5-106,

and LE Op. 359]


Committee Opinion April 10, 1984




See also LE Op. 815.