Cautionary tale for solicitors who hold money on trust in Family Law proceedings

In Laurens v Laurens (No.2) (FCCA) 109,  delivered on 24 January 2017, the learned Judge commences his judgment with the very sentence “This is a cautionary tale for solicitors who hold money on trust for the benefit of both parties in family law proceedings”.  The solicitor in question acted for the wife in bitterly fought divorce…