These summaries were prepared by McGuireWoods LLP lawyer Thomas E. Spahn. They are based on the letter opinions issued by the Virginia State Bar. Any editorial comments reflect Mr. Spahn's current personal views, and not the opinions of the Virginia State Bar, McGuireWoods or its clients. 
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16-Lawyer's Personal Interests

63-Lawyers Acting as Corporate Officers or Directors

A lawyer became an investor in and vice-president of a company, although the lawyer did not represent the company. The lawyer later resigned as an officer and director, but remained a shareholder. Because the lawyer never represented the company and "never received the benefit of any proprietary information" from the company or its other principal, the Code did not apply to the lawyer's proposal to directly compete with the company.

Copyright 2000, Thomas E. Spahn