Atty-Client Privilege at Stake in Real Estate Bill - McDermott Will & Emery

Atty-Client Privilege at Stake in Real Estate Bill

Overview


Keith Pattiz expressed skepticism over proposed legislation that would require collection of the beneficial ownership information for limited liability companies and other vehicles used in real estate transactions, noting that “your information as a lawyer is often only as good as what you know, and it’s sometimes difficult for lawyers to know as much as the government thinks a lawyer ought to know.”