What is the name of your state (only U.S. law)? SC
Is this scenario considered a "malpratice" or ethics situation or anything else?
- Attorney & Client A are partners in Company A (an LLC).
- Client A & Client B are partners in Company B (an LLC).
- Attorney represents Clients A & B in a legal matter regarding Company B without disclosing to Client B his/her business relationship in Company A.
Is this malpractice? An ethics violation? Assuming the Attorney /Client A partnership needs to be disclosed, would that disclosure need to be in writing?
Do your answers change if Company A made monetary gains at the expense of Company B?
Is this scenario considered a "malpratice" or ethics situation or anything else?
- Attorney & Client A are partners in Company A (an LLC).
- Client A & Client B are partners in Company B (an LLC).
- Attorney represents Clients A & B in a legal matter regarding Company B without disclosing to Client B his/her business relationship in Company A.
Is this malpractice? An ethics violation? Assuming the Attorney /Client A partnership needs to be disclosed, would that disclosure need to be in writing?
Do your answers change if Company A made monetary gains at the expense of Company B?