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Council resolution (access required)

Editor’s Note: The following is the text of a resolution being circulated to members of the Virginia State Bar Council by Benjamin R. Gardner of Martinsville. The mandatory IOLTA program is an agenda item for the council’s meeting next month ...

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Rollback to IOLTA "opt-out" on table (access required)

The Virginia State Bar Council will consider a resolution to return the mandatory Interest on Lawyer Trust Accounts (IOLTA) program to an “opt-out” system when it meets next month. Council member Benjamin R. Gardner of Martinsville has drafted a resolution ...

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Late proof won't bar unsecured claim (access required)

A bank that failed to file an amended proof of claim changing its status from a secured to an unsecured creditor after its collateral was sold at foreclosure may still participate as an unsecured creditor in the distribution of the ...

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Fax poll: IOLTA's first year (access required)

On Oct. 1, Virginia will mark one year of a mandatory Interest on Lawyer Trust Accounts program. During the month of September, Virginia Lawyers Weekly will conduct a fax poll on IOLTA to determine how the mandatory system is perceived ...

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