Matter of Hy-Gain Electronics Corp.

MEMORANDUM OPINION

DAVID L. CRAWFORD, Bankruptcy Judge.

During the course of these liquidations, Citibank, N.A., sought to take Rule 205 examinations of various parties, one of which was Richard N. Thompson. Mr. Thompson, an attorney, served simultaneously at various periods as director, Board of Directors Audit Committee member, secretary, treasurer, shareholder and general counsel to the bankrupts. At the taking of the 205 examination, Mr. Thompson produced forty-eight documents which he believed were within the attorney-client privilege. The law firm of Shutan and Trost, appearing on behalf…