Seventh Circuit: ACF 2006 Corp v. Timothy Devereux

Easterbrook, Contract, Fees

Quantum meruit adjustment to factual findings at trial.

Funds held in a non interest bearing (IOLTA) account are not subject to prejudgment interest.  (Possibly.  Confusing.)

Victims of lawyer's taking of client funds while practicing in an LLC have a priority claim over a later-erfected secured interest.


ACF 2006 Corp v. Timothy Devereux