"Respondent did not have the authorization of his clients or third parties to use the funds held in his attorney trust account. Accordingly, because respondent knowingly misappropriated client and escrow funds, disbarment is the only appropriate sanction," the Disciplinary Review Board said.
July 08, 2021 at 03:44 PM
3 minute read
The New Jersey Supreme Court has disbarred attorney Sanghwan Hahn for misappropriation of $57,000 in client and escrow funds while overseeing sales of three businesses.
In an action made public on Thursday, the court found Hahn acted as escrow agent in two of the sales transactions while he was suspended from the practice of law. And in one of the transactions he represented both the buyer and seller, an impermissible conflict.
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