Client Protection Fund Pays $26,000 in Claims

By STAFF

Spring 2014

Just under $14,000 from the Attorneys’ Fund for Client Protection was paid to claimants at the fund’s board meeting in December.

With that action, the fund has dispersed just under $5.3 million since 1999.

The fund’s board approved two claims. The claim amounts and attorneys involved were:

·        $3,586

Stephen M. Joynt

·        $9,242

Stephen M. Joynt

Attorney Regulation Counsel James Coyle also approved one claim. The claim amounts and attorneys involved were:

·        $1,000

Thomas R. Kutz

The purpose of the fund is to promote public confidence in the administration of justice and the integrity of the legal profession by mitigating losses caused by the dishonest conduct of attorneys. The fund was established in 1999 and is funded solely through a portion of attorneys’ annual registration fees.

All of the attorneys listed above have been suspended or disbarred by the Supreme Court or were deceased as of this time.

If you know someone who has suffered a loss of money due to the dishonest conduct or breach of fiduciary duty by the person’s Colorado lawyer, please notify the Office of Attorney Regulation Counsel at (303) 457-5800.