After nearly 10 years of litigation, a California appeal court has handed down the latest ruling in the story of attorney Thomas Fair — a cautionary tale for lawyers who choose to go into business with clients.

In an attempt to recover millions from a former client and business partner, Fair is out of luck. The First District Court of Appeal concluded May 24 that Fair’s ethical violations not only voided his contract with his former business partner, but made it impossible for him to collect the reasonable value of his services in their multimillion-dollar business venture.

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