Attorneys Jody Sanders (left) and Kenneth Lambert argued before the Texas Supreme Court in Boozer v-. Fischer. Credit: SCOTx video archive. Attorney Escrow Rules Could Change After this Texas Supreme Court Case
"If we agree the parties can call something escrow when they place it in the hands of one side's lawyer ... and that isn't traditional escrow, why should we imply other traditional concepts of escrow?" Justice Jane Bland asked.
March 22, 2023 at 04:07 PM
4 minute read
The Texas Supreme Court, looking at a contractual freedom issue, is questioning whether attorneys who represent an adversarial party should ever also act as escrow agent to an asset in dispute.
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