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Posts Tagged ‘IOLTA Accounts’

  • Ninth Circuit in Conflict with Fifth Circuit Over IOLTA

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    By Lazar Emanuel [Originally published in NYPRR January 2002]   In an en banc decision on rehearing, the Court of Appeals for the Ninth Circuit has reached a decision affecting the IOLTA program of the State of Washington which is directly contra to the...

  • Do States’ IOLTA Programs Violate Fifth Amendment?

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    By Lazar Emanuel [Originally published in NYPRR December 2001]   Over the last 20 years, virtually all 50 states have adopted programs creating Interest-on-Lawyer-Trust-Accounts. In most states these are called IOLTA accounts. In New York, they are...

  • Handling Client’s Funds — Guidelines from Texas Judge

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    By Joseph S. Genova [Originally published in NYPRR July 2000]   [Editor’s note: This is Part II of a two-part article. Part I was published in NYPRR April 2000.] After trial, following remand from the Supreme Court, Judge James R. Nowlin performed an...

  • Handling Clients’ Funds — Lesson from Lone Star State

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    By Joseph S. Genova [Originally published in NYPRR April 2000]   [Editor’s note: This is Part I of a two-part article. Part II appears in NYPRR July 2000.] A decision in a closely watched case, on remand from the U.S. Supreme Court, provides some...

  • IOLA Accounts: Are Deposits Mandatory — Exchange of Views

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    By Lazar Emanuel [Originally published in NYPRR January 1999]   [Editor’s note: NYPRR Nov. 1998 published an article by Joseph S. Genova, “IOLA After Phillips: Clearing Up Some Misconceptions.” (Part 2 was published in NYPRR Dec. 1999.) We received...