Court Opinion

ID: 9847143
Source: CourtListenerOpinion
Date Created: 2023-09-24 03:54:41.02408+00
Date Added: 2024-06-11T09:17:01.854669
License: Public Domain

*442Judge PHILLIPS
concurring in part and dissenting in part.
Except as stated below, I concur in the foregoing opinion. (1) In my opinion (a) the insurance policy issued to defendant’s firm covers his liability as a fiduciary and trustee because of his agreement to receive, hold and disburse money received from plaintiffs to the CPA and the additional attorney, Mr. Jennings; (b) the materials raise an issue of fact as to defendant’s breach of those duties; and (c) that the policy was issued in the firm’s name is no bar to defendant’s liability, as the evidence indicates that Powell was a partner and under the law partners are generally liable for the firm’s obligations. (2) In my opinion it does not affirmatively appear that plaintiffs’ cause of action for professional negligence is barred by the statute of limitations, because under one view of the evidence defendant was still obligated to perform various services for plaintiffs and negligently failed to perform them within the three-year period before the suit was filed. That the evidence indicates that plaintiffs may have known that defendant was derelict in performing his earlier obligations did not, under the conflicting circumstances that existed, necessarily cause the action to accrue and deprive them of the right to rely upon defendant performing his later obligations.