#1995-96/16 Law Firms forming LLC for Purchasing Discounted Debt and Contingent Fees for Collecting the Debt
Ethics Committee Formal Opinion #1995/96‑16 Formation of a limited liability company by several New Hampshire law firms for the purpose of purchasing discounted debt with the member law firms then seeking to collect the discounted debt on a contingent fee basis. September 10, 1996 ANNOTATION: A lawyer shall not acquire a proprietary interest in the … Read more