Page 9 - Client Protection News Today

Two financial institution associations have responded to a joint complaint filed by civil rights groups to the International Finance Corporation’s (IFC) Compliance Advisor Ombudsman (CAO) over the failings of its independent accountability mechanism, that they say have led to “destroyed lives and wrecked communities”.

The Shelby County District Attorney said Thursday that Paul Springer never gave his client a settlement check. He's also facing other theft charges.

A federal judge in Salt Lake City has rejected a plea deal calling for a sentence of about six years in prison for an estate lawyer accused of stealing $12.7 million from 26 elderly, disabled or incapacitated clients.

Attorneys not only must refrain from engaging in improper direct solicitation of potential clients, but there is also an ethical responsibility to ensure that employees or others hired by the lawyers do not engage in such misconduct, according to a new ethics opinion from the ABA’s Standing Committee on Ethics and Professional Responsibility.

Communication. Do we sometimes get it wrong with clients—or otherwise? I learned a valuable lesson early on in my legal career while still an articling student. My boss and good mentor, Hank, invited me to lunch. After the meal, I ordered a cup of tea. As I like it a certain strength, I said to the waiter, one Jean Pierre, “Bag out, please.”

Attorneys may not keep unearned fees under an “earned on receipt” fee agreement

Maryland high court disbars attorney who violated the “fundamental obligation to safeguard client funds” and withdrew much of that money for personal use.

A partner at Taft Stettinius & Hollisters Columbus, Ohio, office, should receive a stayed suspension for allegedly having sex with a client, according to a recommendation by the Ohio Supreme Court’s Board of Professional Conduct.

Cambodia has launched a code of conduct for the banking and financial institutions, aiming at promoting effective, reliable, accountable, and responsible banking and financial practices, said a joint statement on Tuesday.

PHNOM PENH, March 7 (Xinhua) -- Cambodia has launched a code of conduct for the banking and financial institutions, aiming at promoting effective, reliable, acc