Search : U.S. Supreme Court : Ethics & Professional Responsibility : From 10/01/02 To 07/01/03
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| Court: | U.S. Supreme Court |
| Topic: | Banking Law, Constitutional Law, Ethics & Professional Responsibility, Property Law & Real Estate |
| Title: | BROWN v. LEGAL FOUND. OF WASHINGTON |
| Date: | 03/26/03 |
| Case Number: | 01-1325 |
| Summary: | A state law requiring client funds that could not otherwise generate net earnings for the client be deposited in an "interest on lawyers' trust account" is not a regulatory taking, but requiring that interest on those funds be transferred to a different owner for a legitimate public use could be a per se taking requiring payment of just compensation to the client in some cases. |