Description: |
Carmen K. Bullard (WSBA No. 19839, admitted 1990), of Bainbridge Island, resigned in lieu of disbarment, effective December 21, 2011. While not admitting to the misconduct, Ms. Bullard admitted that the WSBA could prove, by a clear preponderance of the evidence, the violations set forth in the Statement of Alleged Misconduct, and that proof of such violations would suffice to result in her disbarment. These violations included removing funds from trust accounts without entitlement. According to the Statement of Misconduct:
TWT is a Washington corporation formerly in the business of serving as a trustee for approximately 47 individual trusts. Between 2004 and September 28, 2010, Ms. Bullard was president and co-owner of TWT. Between July 27, 2010, and August 30, 2010, Ms. Bullard caused assets from one or more of the 47 individual trusts to be disbursed for her own benefit or the benefit of the company in the following amounts: $5,000 as a down payment for roof work on her personal residence; $8,000 by means of two bank counter checks; and $5,838.28 as final payment for roof work on her personal residence. Ms. Bullard asserts that she and the company intended to repay the funds to the trusts. Ms. Bullard did not have the permission of the trusts to remove or use the money for her own benefit, and knew that she did not have permission. In September 2010, irregularities concerning the handling of trust funds came to the attention of the other owner of TWT. On September 28, 2010, Ms. Bullard resigned as president of TWT. The co-owner of TWT filed a petition for the appointment of a receiver based on alleged mishandling of trust funds by Ms. Bullard, who asserts that the bonding company for TWT has repaid the funds referenced above, in the amount of $17,822.30, and that she has been financially unable to repay the bonding company.
Ms. Bullard’s conduct violated RPC 8.4(c), prohibiting a lawyer from engaging in conduct involving dishonesty, fraud, deceit, or misrepresentation. Christine Gray represented the Bar Association. Patrick C. Sheldon represented Ms. Bullard.
|