Credit: David Smart/Shutterstock.comA wirer of funds to an attorney trust account sued a law firm for breach of fiduciary duty and conversion when the firm’s client defrauded the transferor. There is no liability, however, according to the New Jersey Supreme Court, where the law firm had no knowledge of the transferor’s existence or any agreement of the transferor and its client, had no contact with the transferor, and made no representations to the transferor.
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September 27, 2020 at 09:00PM
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Court Rightly Absolved Law Firm in Case of Client Fraud | New Jersey Law Journal - Law.com
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