Supremes: Borrowing $$ from clients is bad
On December 16, the Supreme Court announced a new rule of disciplinary law related to attorney-clients relations. In In re Torre, a unanimous Court suspended the respondent for one year based upon his act of borrowing a large sum of money from a vulnerable, elderly client and then failing to repay it.
The Chief Justice noted that in a case like this, if there were clear and convincing proof that an attorney knew at the time he borrowed money from a trusting client that he would not repay it, disbarment would be appropriate. The discipline imposed is meant to provide notice to attorneys that serious consequences will result from this form of misconduct.
For the PDF of In re Torre, click here.