Rule 14-915 - Restitution and subrogation(a) A lawyer or licensed paralegal practitioner whose dishonest conduct results in reimbursement to a claimant shall be liable to the Fund for restitution, and the Bar may bring such action as it deems advisable to enforce such obligation. (b) As a condition of reimbursement, a claimant shall be required to provide the Fund with a pro tanto transfer of the claimant's rights against the lawyer or licensed paralegal practitioner and their, legal representative, estate or assigns; and of claimant's rights against any third party or entity who may be liable for the claimant's loss. (c) Upon commencement of an action by the Bar as subrogee or assignee of a claim, it shall advise the claimant, who may then join in such action to recover the claimant's unreimbursed losses. (d) In the event the claimant commences an action to recover unreimbursed losses against the lawyer, licensed paralegal practitioner or any other entity who may be liable for the claimant's loss, the claimant shall be required to notify the Bar of such action. (e) The claimant shall be required to agree to cooperate in all efforts that the Bar undertakes to achieve restitution for the Fund. Utah. Sup. Ct. R. Prof. Prac. 14-915
Amended effective 5/1/2019; amended effective 5/1/2019.