Phillips v. Washington Legal Foundation

Supreme Court of the United States · Decided 1998-06-15

Cited by 501 later decision(s) in our corpus · see the citation network in Lexace

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From the opinion

Justice Souter, with whom Justice Stevens, Justice Ginsburg, and Justice Breyer join, dissenting. The Court holds that “interest income generated by funds held in IOLTA accounts is the ‘private property5 of the owner of the principal.” Ante this page. I do not join in today’s ruling because the Court’s limited enquiry has led it to announce an essentially abstract proposition; even assuming that the pro…

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