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RI DEPOS. ECON. PROT. v. MAPLEROOT DEV.

No. 97-3-M.P.

710 A.2d 167 (1998)

RHODE ISLAND DEPOSITORS ECONOMIC PROTECTION CORPORATION v. MAPLEROOT DEVELOPMENT CORPORATION et al.

Supreme Court of Rhode Island.

April 9, 1998.

Attorney(s) appearing for the Case

William M. Dolan, III, Jeffrey C. Schreck, Providence, for Plaintiff.

David A. Wollin, Anthony F. Muri, Providence, for Defendant.

Before WEISBERGER, C.J., and LEDERBERG, FLANDERS and GOLDBERG, JJ.

OPINION

FLANDERS, Justice.

When the Rhode Island Depositors Economic Protection Corporation (DEPCO) has acquired a loan from an insolvent lender's receiver and is suing the borrowers to collect on the defaulted loan, can DEPCO invoke the attorney-client privilege to prevent the borrowers from obtaining discovery of certain loan-related legal advice provided to the lender and/or to its receiver by their respective attorneys? Because we conclude that the General...

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