Title
Romo vs. Ferrer
Case
A.C. No. 12833
Decision Date
Nov 10, 2020
Atty. Ferrer failed to account for P295,000.00 entrusted by client Salvacion Romo, violating professional duties. Suspended for six months, ordered to repay with interest.

Case Summary (A.C. No. 12833)

Antecedents

In the legal dispute, various amounts were transferred by Amada to Atty. Ferrer on different dates for the settlement of the case. Despite receiving the entire sum, Atty. Ferrer acknowledged only a portion paid to Salvacion, alleging that additional payments had been made directly to Salvacion's daughter. When Salvacion filed an administrative complaint against him for failure to turn over the funds, Atty. Ferrer contested her claims, arguing that the acknowledgment receipts were fabricated.

Procedural Developments

The Commission on Bar Discipline of the Integrated Bar of the Philippines (IBP) conducted an investigation, during which Atty. Ferrer admitted to having received the full amount but failed to substantiate his claim regarding payments made to Salvacion's daughter. The Commission found evidence of Atty. Ferrer's misappropriation of funds and recommended a two-year suspension from the practice of law, considering this was his first infraction.

Ruling on the Facts

The Court adopted the IBP's findings, highlighting the absolute duty of lawyers to account for all client funds. Atty. Ferrer’s failure to return the balance of P295,000.00 upon demand constituted misappropriation. The evidence presented by Salvacion—comprising special powers of attorney, acknowledgment receipts, a memorandum of agreement, and demand letters—supported her claims, whereas Atty. Ferrer’s defense was largely unsubstantiated.

Legal and Ethical Standards

The ruling underscored that a lawyer's fiduciary duty involves high fidelity and good faith towards client funds. The failure to return those funds upon demand presumes misappropriation, which is a grave violation of professional ethics and could lead to both disciplinary action and criminal prosecution. Atty. Ferrer, aware of these ethical obligations, nonetheless neglected to fulfill them effectively.

Imposed Sanctions and Compliance

Ultimately, the Court adjusted the penalty from a two-year suspension to a six-month suspension, taking into acco

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