Michael A. Valenti v. Kentucky Bar Association

Summary

The Kentucky Supreme Court approved an agreed resolution disciplining Michael A. Valenti for commingling personal and client funds in his firm's IOLTA account and misusing client funds. The Court imposed a thirty-day suspension, fully probated for one year subject to specified conditions, and ordered Valenti to pay the proceeding's costs.

Holdings

1. Valenti was guilty of the charge and violated SCR 3.130-1.15(a) by commingling personal funds with client funds and misusing funds held in the firm's IOLTA escrow account.
2. A thirty-day suspension from the practice of law, entirely probated for one year subject to the stated conditions, was adequate discipline for Valenti's violation.

Questions Presented

1. Whether Valenti violated SCR 3.130-1.15(a) by commingling personal funds with client funds and misusing funds held in an IOLTA escrow account.
2. Whether the agreed discipline of a thirty-day suspension probated for one year, subject to specified conditions, was adequate.

Disposition

other