The Florida Bar v. Jon Douglas Parrish
The Florida Supreme Court approved a referee's findings that attorney Parrish violated multiple Bar Rules in representing a client and its principal cluding a 'Lamborghini' fee-security agreement, a $150,000 loan to opposing defendants secured by a mortgage on the litigated parcels with a client subordination agreement, a proposed settlement creating an LLC co-owned by the lawyer, and failure to respond to a suggestion of death that led to dismissal under Rule 1.260(a). The Court rejected the referee's recommended one-year suspension and imposed a three-year suspension.
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Key facts
- Attorney Jon Douglas Parrish represented a client and its principal in litigation involving real property parcels.
- Parrish entered into multiple financial arrangements with the client, including a 'Lamborghini' fee-security agreement with a forced-sale provision, a $150,000 loan to opposing defendants secured by a mortgage on the litigated parcels, and a proposed settlement creating an LLC co-owned by the lawyer.
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Why it matters
The opinion gives practitioners concrete guidance on Rule 4-1.8: fee-security arrangements involving a client's non-monetary property must satisfy the full written-disclosure/independent-counsel/informed-consent… — full analysis with a trial
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