Friday, December 5, 2014

Is it possible for a plaintiff's attorney to tell the opposing counsel he will hold the stipulations and general releases in escrow until th...

Question

Is it possible for a plaintiff's attorney to tell the opposing counsel he will hold the stipulations and general releases in escrow until that attorney receives the full settlement check for a case, if the parties feel the defendant's are not acting in good faith? They may be trying to grab the money we are entitled to once they receive t eh paperwork. The defendants are a municipality.



Answer

It is reasonable and customary for attorneys to keep General Releases in escrow pending receipt ,in hand , of funds to finalize the settlement; a simultaneous transaction.



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