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Sam Heldman


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Wednesday, March 26, 2003

The Court today held, in the Legal/Foundation/Washington (X2) case that the interest on lawyer's trust accounts (IOLTA) rules do not constitute an unconstitutional taking. This ruling comes as no surprise to Sam and I, who both correctly predicted the Court would AFFIRM.

Update: For reasons I haven't figured out yet, this case is now called Brown v. Legal Foundation of Washington. The opinion is available here.