The ethics prosecution of one of New Jersey's busiest bankruptcy lawyers, Eric Clayman, raises the question of whether it's common practice -- or used to be -- for bankruptcy lawyers to be less than candid in Chapter 13 petitions. The Disciplinary Review Board voted to censure Clayman for trying to get more favorable treatment for a client by filing a Chapter 13 petition that misrepresented and omitted facts. Clayman's defense: He was merely following acceptable standards that govern bankruptcy practice.
January 17, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The ethics prosecution of one of New Jersey’s busiest bankruptcy lawyers, Eric Clayman, raises the question of whether it’s common practice — or used to be — for bankruptcy lawyers to be less than candid in Chapter 13 petitions.
The Disciplinary Review Board voted 5-2 to censure Clayman, of Audubon’s Jenkins & Clayman, for trying to get more favorable treatment for a client by filing a Chapter 13 petition that misrepresented and omitted facts.
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