LEO: Attorney-Client Privilege  LE Op. 555

 

Attorney-Client Privilege - Corporations.

 

April 10, 1984

 

It is improper for an attorney --who is shareholder, officer, director,

and legal counsel of the corporation --to disclose to third parties

information received as a result of a conference with a fellow corporate

stockholder, director, officer ("client") who had sought the attorney's

opinion regarding a business transaction of the corporation --unless the

client consents thereto, or the information indicates the intent of the

client to commit a crime or perpetrate a fraud on a tribunal. [ DR:4-101,

Upjohn Co. v. United States, 449 U.S. 383 (1981)]

 

Committee Opinion April 10, 1984