Print Version
Previous PageFile uploaded: 5/1/2019

Rule 14-915. Restitution and subrogation.

(a) A lawyer or licensed paralegal practitioner whose dishonestconduct results in reimbursement to a claimant shall be liable to the Fund forrestitution, and the Bar may bring such action as it deems advisable to enforcesuch obligation.

(b) As a condition of reimbursement, a claimant shall be requiredto provide the Fund with a pro tanto transfer of the claimant's rights againstthe lawyer or licensed paralegal practitioner and their legal representative,estate or assigns; and of claimant's rights against any third party or entitywho may be liable for the claimant's loss.

(c) Upon commencement of an action by the Bar as subrogee or assignee of a claim, it shall advise theclaimant, who may then join in such action to recover the claimant'sunreimbursed losses.

(d) In the event the claimant commences an action to recoverunreimbursed losses against the lawyer, licensed paralegal practitioner or anyother entity who may be liable for the claimant's loss, the claimant shall berequired to notify the Bar of such action.

(e) The claimant shall be required to agree to cooperate in allefforts that the Bar undertakes to achieve restitution for the Fund.

EffectiveMay 1, 2019