Perspective
Apr. 10, 2015
Business transactions with a client
The rules governing business transactions are not simple. Indeed, there's a presumption of undue influence. By Matthew A. Hodel and Ashley E. Merlo
California Rule of Professional Conduct 3-300 sets forth disclosure requirements attorneys must abide by when entering business transactions with clients. Compliance is not simple, and numerous state bar opinions addressing this rule reflect the complexity resulting from the myriad ways clients and attorneys end up in deals together.
The Court of Appeal's decision in Ferguson v. Yaspan, 233 Cal. App. 4...
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