Yapp v. State Bar
62 Cal. 2d 809 ·
Supreme Court of California · Filed
Published · citable
Holding
The court held that an attorney serving as an escrow agent for multiple parties commits a breach of his fiduciary duty by converting escrow funds for personal use based on the authorization of only one of the multiple beneficiaries, and such misconduct warrants professional discipline regardless of the attorney's subsequent restitution or good faith belief in the propriety of his actions.