The Liability of Financial Institutions to an Attorney’s Client When the Attorney Endorses a Settlement Check Without Authorization

December 16, 2010

Financial Fraud Law Report, Volume 3 Number 1 January 2011

By David J. Cook

This article explores the scope of an attorney’s authority, if any, to endorse a client’s name to a settlement check and deposit the check in the attorney’s trust account.  It also analyzes the bank’s liability to the client for conversion under the Uniform Commercial Code and the statute of limitations in these matters

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