|Subject:||Reimbursement for NJ Lawyer's Theft hits $4.5 Mill.|
|Date:||Thu, 12 Jun 2014 17:19:08 -0400|
|From:||Bruce Eden <email@example.com>|
And we should continue to trust and hire lawyers?????????????????????????????
Hire a lawyer for your family court matter and watch your case get worse and worse until it's destroyed as you pay more and more extortion in "legal" fees for the right to be raped, pillaged and plundered by the NJ Family Bar Association and the Family Court Judiciary.
Reimbursements for Lawyer's Theft Hit $4.5 Million, a N.J. Record HighDavid Gialanella, New Jersey Law Journal
June 12, 2014
A New Jersey lawyer who bilked his clients out of millions has generated the highest total of reimbursement claims in the history of the New Jersey Lawyers' Fund for Client Protection, necessitating a state Supreme Court order lifting the cap on repayments.
The court has approved payment of $4.5 million in claims against Michael Kwasnik of Cherry Hill, who was criminally convicted of stealing clients funds and money laundering after being arrested trying to flee the country.
There have been 67 claims against Kwasnik, and total claims paid could climb as high as $12.1 million, according to the Fund.
Because payments are capped at $1.5 million per attorney, the fund had to ask the Supreme Court to waive those limits, which it granted last year.
"We've requested waivers in the past, but nothing like this," said fund director and counsel Daniel Hendi. "This is monumental."
Despite the relaxing of the $1.5 million cap, recoveries still are limited to $400,000 per claimant. The fund is presently is paying out two to four claims per month, Hendi said.
Read more: http://www.njlawjournal.com/id=1202659181350/Reimbursements-for-Lawyer%27s-Theft-Hit-%244.5-Million%2C-a-N.J.-Record-High#ixzz34ShUDPk5