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Interest on lawyers' trust accounts (IOLTA) can be used to fund legal services for the needy, an en banc panel of the 9th U.S. Circuit Court of Appeals ruled Nov. 14. The decision reverses an earlier three-judge panel ruling that the program constituted an unlawful taking. The ruling casts the 9th Circuit into conflict with the 5th Circuit, and will likely catch the attention of the U.S. Supreme Court.
November 21, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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