Advisory Opinion:
1451
Year Issued:
1991
RPC(s):
RPC 2.3
Subject:
Evaluation of likely recovery on behalf of client's creditors
The Committee understood the facts in your inquiry to be that you signed "interest protection agreements" with your client's consent in regard to a 1988 case. You then settled a second 1990 case on behalf of the same client in which you signed a hold harmless agreement. You are now in the process of negotiating settlements with medical creditors as to which bills belong to which case. It is your proposal that if you cannot reach an agreement with those creditors, you will interplead the funds in court for resolution.
Your specific inquiry relates to your desire to provide specific assessments to the creditors regarding the chances of receiving payment. The Committee is of the opinion that that would be permitted under the Rules of Professional Conduct provided that you have your client's consent as provided in RPC 2.3.
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