Opinion ID: 1721151
Heading Depth: 1
Heading Rank: 4

Heading: American Bank of Mankato

Text: In 1986, Lallier was involved in the representation of the American Bank of Mankato regarding the purchase of loans from the FDIC. The FDIC wrote to Lallier as the attorney handling the loan purchase. Lallier contends that his participation in this matter was solely limited to pending or contemplated bankruptcy proceedings and issues. However, on December 19, 1986, Lallier wrote to the FDIC and stated that, [h]owever, we agreed that we would not purchase any loans in bankruptcy. The loan purchase was not a bankruptcy matter, was venued in state court, and was approved by a district court judge for the County of Redwood, Minnesota. Furthermore, Lallier's time records indicate that he was representing the American Bank in general matters not solely bankruptcy, and he admitted his involvement in non-bankruptcy matters related to this client at the disciplinary hearing.