Tuesday, May 31, 2011
The Georgia Supreme Court has imposed a review panel reprimand in a matter in which an attorney had issued an opinion letter averring that he knew nothing that could materially affect a transaction in which his LLC client sought financing to purchase a second corporation. At the time, the attorney represented the director and officer of ther LLC's sole member in connection with federal criminal charges.
The attorney admitted lack of competence in the matter. He was remorseful, had no prior discipline or dishonest motive. the conduct was deemed negligent.
Three justices dissented and would impose the lesser discipline of investigative panel reprimand. (Mike Frisch)