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Matter James R. Murdock

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eBook details

  • Title: Matter James R. Murdock
  • Author : Supreme Court of New York
  • Release Date : January 03, 1992
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 56 KB

Description

By petition dated February 28, 1992, respondent is accused of seven charges of professional misconduct, including converting
client funds, failure to maintain complete records of client funds or of his attorney escrow account, failure to render appropriate
accountings, failure to promptly deliver funds to clients, making improper withdrawals from his attorney escrow account, failure
to deposit client funds into appropriate accounts or into interest bearing accounts, and failure to cooperate with petitioner. We have reviewed the affidavits and papers submitted on the motion and find therein admissions by respondent to and uncontroverted
evidence of respondent's professional misconduct. Petitioner has demonstrated that respondent's attorney escrow account has
been and continues to be seriously mishandled, that respondent has commingled funds, and that conversions of client funds
have occurred (i.e., respondent's escrow account balance has on several occasions fallen substantially below the minimum balance
required to be maintained on behalf of clients whose funds were deposited therein). Petitioner has also demonstrated that
the escrow account abuses alleged are not isolated incidents but part of an ongoing pattern of misconduct involving client
funds.


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