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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3-Multiple Representations on the Same Matter

Members of the same firm may represent competing banks if there is no "formal controversy" between the banks, and both banks are "aware of the situation and have made no objection to it."

Copyright 2000, Thomas E. Spahn