Month: November 1983

Opinion 554

NEW YORK STATE BAR ASSOCIATION Committee on Professional Ethics  Opinion #554   – 11/21/1983 (22-83) existing clients, escrow funds, funds of client, interest Topic: Interest on Lawyer accounts Digest: Lawyers may participate in programs to provide financial support for legal services through deposit in a commingled interest-bearing account of client funds held for a short period … Continued

Opinion 553

NEW YORK STATE BAR ASSOCIATION Committee on Professional Ethics Opinion #553 – 11/08/1983 (34-83) costs, litigation Topic: Loan by attorney to client Digest: Attorney may not lend funds to client to permit client to bid on matrimonial property ordered to be sold pursuant to equitable distribution decree Code: DR 5(103)(A) and (B) QUESTION May an … Continued