Matter of INTEREST ON TRUST ACCOUNTS: A PETITION TO AMEND the RULES REGULATING THE FLORIDA BAR.
Supreme Court of Florida.https://leagle.com/images/logo.png
January 26, 1989.
Rehearing Denied March 15, 1989.
Attorney(s) appearing for the Case
William O.E. Henry, President, Orlando, Roderick N. Petrey, Immediate Past President, and Randall C. Berg, Jr. and Peter M. Siegel, Miami, for The Florida Bar Foundation, petitioner.
Russell E. Carlisle of Carlisle & Lecates, Fort Lauderdale, amicus curiae for The Nat. Ass'n of IOLTA Programs, Inc.
Steven M. Goldstein and Henry George White, Tallahassee, amicus curiae for Florida Legal Services, Inc., Tallahassee.
Rutledge R. Liles, President, Jacksonville, Stephen N. Zack, President-elect, Miami, A. Hamilton Cooke, Sp. Committee to Review Comprehensive IOTA, Jacksonville, and John F. Harkness, Jr., Executive Director and Paul F. Hill, Gen. Counsel, Tallahassee, for The Florida Bar.
Joseph W. Little, Gainesville, Henry P. Trawick, Jr., Sarasota, Richard V. Neill of Neill, Griffin, Jeffries and Lloyd, Fort Pierce, Brian C. Sanders, Fort Walton Beach, Michael H. Davidson of Watson & Clark, Fort Lauderdale, Harvey M. Alper of Massey, Alper and Walden, Altamonte Springs, Hugo L. Black, Jr. of Kelly, Black, Black, Byrne, Craig & Beasley, Miami, Ben L. Bryan, Jr. of Fee, Bryan & Koblegard, P.A., Ft. Pierce, Jodi Siegel, Albert J. Hadeed and Alice K. Nelson of Southern Legal Counsel, Inc., Gainesville, Brent R. Taylor, The Ass'n for Retarded Citizens/Florida, Tallahassee, J. Michael Hartenstine of Williams, Parker, Harrison, Dietz and Getzen, Sarasota, Terrence William Ackert, Winter Park, and Thomas W. McAliley of Beckham, McAliley & Schulz, P.A., Miami, Responding.
Supreme Court of Florida.
EHRLICH, Chief Justice.
Pursuant to rule 1-12.1 of the Rules Regulating The Florida Bar, fifty or more active members of The Florida Bar, on behalf of the Florida Bar Foundation, petition the Court to amend rule 5-1.1(d) of the Rules Regulating The Florida Bar to "require that all trust funds earn interest, either for the benefit of the client, or, where impracticable, the IOTA program."
In 1978, this Court adopted the nation's first Interest on Trust Accounts...
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