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This profile was last updated on 2/9/07  and contains information from public web pages.

Morris I. Olmer

Wrong Morris I. Olmer?

Member

Phone: (860) ***-****  HQ Phone
Connecticut Bar Association
30 Bank Street
New Britain, Connecticut 06050
United States

Company Description: The Connecticut Bar Association , which represents 11 , 000 lawyers and judges in the state , today reaffirmed its support for the use of interest on lawyers trust...   more
Background

Board Memberships and Affiliations

  • Member
    Connecticut Bar
Web References
review
victimsoflaw.net, 9 Feb 2007 [cached]
A veteran New Haven, Conn., lawyer has been suspended from the practice of law for six months for his role in a real estate transaction that may be a blatant case of mortgage fraud. . . . While the degree of culpability among those involved is disputed, there's no question in state disciplinary officials' minds that Morris I. Olmer falsely reported the sale price of a West Haven, Conn., property and deserved punishment. . . . Olmer, a member of the Connecticut Bar since 1953, characterized his handling of the real estate transaction as nothing more than sloppy oversight.He and Chief Disciplinary Counsel Mark A. Dubois' office agreed to a resolution on Jan. 18 in which Olmer admitted "that he neglected to inform his client, the lender ... that the actual sale price of the property ... was not the sale price listed on the [Housing and Urban Development] form ... ." Olmer also represented the seller and the buyer in the deal, according to his signed agreement to disposition.
Law.com - Conn. Attorney Suspended for Shady Land Deal
www.law.com, 1 Feb 2007 [cached]
While the degree of culpability among those involved is disputed, there's no question in state disciplinary officials' minds that Morris I. Olmer falsely reported the sale price of a West Haven, Conn., property and deserved punishment.
Olmer, a member of the Connecticut Bar since 1953, characterized his handling of the real estate transaction as nothing more than sloppy oversight.He and Chief Disciplinary Counsel Mark A. Dubois' office agreed to a resolution on Jan. 18 in which Olmer admitted "that he neglected to inform his client, the lender ... that the actual sale price of the property ... was not the sale price listed on the [Housing and Urban Development] form ... ." Olmer also represented the seller and the buyer in the deal, according to his signed agreement to disposition.
...
"[Olmer] is negligent, and it's very difficult to prove that anyone intended to defraud any financial institution," Pothin said.
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Olmer delegated too much responsibility to paralegals and didn't scrutinize the numbers, Gallagher told The Connecticut Law Tribune. (William Gallagher is of no relation to Thomas Gallagher.)
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Olmer "clearly wasn't privy to any fraud here.
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Olmer also admitted in his disciplinary proceeding that he "inadvertently failed to include [a] second mortgage on the HUD [form] and pay off the second mortgage in the closing of the sale ... ."
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Olmer told disciplinary authorities that he knew of the second mortgage, but his secretary forgot to include that information on the HUD form, and the omission slipped past him.
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The addendum also states that both Lucci and Thomas Gallagher agreed to use one attorney in the closing -- Olmer.
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William F. Gallagher, Olmer's counsel, said that his client didn't draft the addendum, either.
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Lucci claimed Thomas Gallagher was responsible for inflating the sales price without his knowledge and that in the days leading up to the closing, Lucci told Thomas Gallagher and Olmer on several occasions that the sales price needed to be changed on the HUD document and that Cappetta's second mortgage needed to be added.
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Olmer's admissions constitute violations of Rule 1.1, "Competence," and Rule 4.1(2), "Truthfulness in Statements to Others," of the Rules of Professional Conduct.He denied numerous other alleged ethics violations, including criminal conduct, fraud, misrepresentation and deceit.
Assistant Disciplinary Counsel Patricia King, who handled the case, said she is satisfied with Olmer's admissions and happy with the resolution."If other cases arise [from Olmer's representation], we'll deal with them," she said."If not, this is just an instance of incredibly bad judgment."
Under the agreement, Olmer's suspension is to take effect Feb. 15, but he is eligible for reinstatement after three months if he satisfies specific conditions.They include taking and passing the Multistate Professional Responsibility Examination, arranging for another lawyer acceptable to disciplinary counsel to double-check his legal work going forward and providing the court with proof of his malpractice insurance coverage.
In his special defense against interim suspension, Olmer noted that, in his 53 years of private practice, his disciplinary history includes only one reprimand in 1990.Olmer has been the defendant in five civil suits charging malpractice since 2004.Two of those were dismissed.
Olmer also noted in his defense that he "has closed in excess of 1,500 loans, purchases and refinances in the last 10 years without incident and is fully insured."He added that "[t]here is an absence of a selfish or dishonest motive" in the case.
Commercial Land Loans, Loans For Land, Raw Land Loans, Texas Land Loans, Land Purchase Loans,
www.loansnewsblog.com, 2 Feb 2007 [cached]
While the degree of culpability among those involved is disputed, there's no question in state disciplinary officials' minds that Morris I. Olmer falsely reported the sale price of a West Haven, Conn., property and deserved punishment.Olmer, a member of the Connecticut Bar since 1953, characterized his handling of the real estate transaction as nothing more than sloppy oversight.He and Chief Disciplinary Counsel Mark A. Dubois' office agreed to a resolution on Jan. 18 in which Olmer admitted "that he neglected to inform his client, the lender ... that the actual sale price of the property ......
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