LEO: Conflict of Interest Corporations, LE Op. 384

 

Conflict of Interest Corporations.

 

August 5, 1980

 

It would be ethically improper, under DR:5-105(B) and (C), for an attorney to continue his representation of both a corporation and its president, if the corporation would be entitled to recover substantial assets from the president in a cross-action against the president should it prove successful, even if the president is the corporation's majority stockholder.

 

Committee Opinion August 5, 1980

 

LEO: Conflict of Interest - Corporations, LE Op. 384 (1980)