Sentences with word «defalcation»
Those categories include debts for alimony and child support; money obtained through filing false financial statements; debts for willful and malicious injury to person or property; debts for death or personal injury caused by the debtor's operation of a motor vehicle while the debtor was intoxicated; and debts from fraud or defalcation while acting in a fiduciary capacity, embezzlement or larceny.
uscourts.gov
Since 1982, has conducted investigations involving the quantification of business and property losses, loss of income, expropriations, fraud and employee defalcations, personal injury and wrongful death, patent infringement, breach of contract, product liability and medical malpractice.
The purpose of the Client Protection Fund shall be to maintain the integrity and protect the good name of the legal profession by reimbursing clients for losses caused by defalcation by lawyers, to the extent authorized by rule and deemed proper and reasonable by the trustees of the Fund.
In numbers of awards, the most common category involved defalcation of unearned retainers.
A bankruptcy judge has refused to allow a lawyer to discharge debts to a bonding company because the debts were caused by the lawyer's defalcation in handling fiduciary accounts.
Disgraced lawyer Marc Dreier is due to be sentenced this week for some of the worst defalcations laid to the account of an American lawyer in many a year; Peter Henning has commentary at the WSJ Law Blog.
To be eligible to do so they must be entitled to practise law without restriction in a signatory common law jurisdiction, have liability insurance and defalcation coverage, not be subject to criminal or disciplinary proceedings, and have no discipline record.
We acknowledge that if any claim for defalcation is made it will be made in and under the rules of the State of Victoria.
The bankruptcy code prevents discharge of a debt that is obtained from «fraud or defalcation while acting in a fiduciary capacity....»
Examples of default are insolvency, in bankruptcy or winding up, breach of trust, defalcation, fraud, or misfeasance.
Represented title insurers and lenders in litigation, resolution, and recoupment of multimillion - dollar mortgage frauds, overfinancing scams, and defalcations.
Represented lenders in the litigation, resolution, and recoupment of mortgage frauds, overfinancing scams, defalcations, and forgeries.
Ms. Long represents banks, lenders, and others in banking - related litigation, including disputes involving fraudulent check claims, check scams, foreclosure challenges, indemnification claims, defalcations, and lending practices.
With the proper training, preparation, and response, defalcations can be managed, and the title insurers» exposure controlled.
The court agreed with our client's interpretation of the term «defalcation» found among the exceptions to bankruptcy discharge.