Equity: Bona Fide Purchaser Rule Did Not Prevent Constructive Trust Being Granted To FTC When Attorney Did Not Properly Make Inquiry As To Source of Funds
Cases: EquityHowever, Equitable Receipt of Fee Principle Used to Allow Reasonable Fee Before Freezing of Client’s Assets. This next case is an important, sobering one for any civil practitioners defending clients charged with Federal Trade Commission (FTC) Act violations, counseling that there is a duty of inquiry with respect to attorneys’ acceptance of retainers so […]
