A retired partner at Paul, Weiss, Rifkind, Wharton & Garrison has been disbarred for stealing more than $500,000 from a family trust for which he was a trustee. Allan L. Blumstein admitted he essentially depleted an account intended to benefit his elderly aunt, who was suffering from dementia and was confined to a nursing home. The former litigator said he took the money to maintain a lavish but unaffordable lifestyle, without which he feared his wife would leave him.
Former Paul Weiss Partner Is Disbarred for Stealing From Family Trust
New York Law Journal
September 30, 2005