weyant-31532.pdf (2010)

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stn- 0F statesman ' ESPONSIBILITY
- PREME GOUFRT TENNESSEE
IN DISCIPLINARY DISTRICT VI Ex% HAD}?J!
J]i‘

l
. OF THE Exe'euttva SecreTary
BOARD OF PROFESSIONAL RESPONSIBILITY
OF THE
SUEREME COURT OF TENNESSEE

IN RE: JOSEPH WEYANT BPR NO. 225 87 FILE NO. 315 32—6~DB
Respondent, an attomey licensed
to practice lawin Tennessee
(Montgomery County)

PUBLIC CENSURE

The above complaint was filed against Joseph Weyant, an attorney licensed to practice

law in Tennessee,'alleging certain acts of misconduct. Pursuant to Supreme Court Rule 9, the

Board ofProfessional Responsibility considered this matter at its meeting on March 12, 2010.

Reapondent represented to Complainant that he would protect his business interests While

Complainant Was deployed to Iraq by the United States Army. Respondent prepared a-Power of

' Attorney granting an accountant in his office building with authority to conduct business on

behalf of Complainant. All such business was to have prior approval by Respondent. After

Complainant’s deployment to Iraq, Julianne Borden, an acquaintance of Complainant, came to

Respondent and advised him of an investment oppoinmity that she indicated Complainant had an

interest in. Ms. Borden stated that Complainant would lose a substantial earnest money deposit

in the amount of $85,000.00 if the deal was not made. Ms. Borden informed Respondent that

she had found an investor who agreed to lend money for the proposed real estate vennire.

Respondent had previously developed a personal friendship with the investor and had

represented him in some unrelated matters. The investor submitted terms for a loan that were
materially adverse to Complainant. Respondent approved the loan agreement and secured the

loan with real: estate ovmed by Complainant. Respondent failed to verify any of the

circumstances surrounding the preposed real estate venture prior to giving his approval. The real

estate venture was later revealed to be a fraud perpetrated by Ms. Borden, and Complainant

suffered a substantial financial loss as a result.

Respondent violated RPC 1.1 because he failed to exhibit the legal knowledge and skill

necessary for competent representation of Complainant. Respondent violated RFC 1.2 because

he acted outside the scope of his representation by binding Complainant to a new contract with

the investor, Respondent violated RPC 1.4 by failing to consult with Complainant before

binding Complainant to the contract with the investor and failing to take immediate measures to

inform Complainant of the suspected fraud. Respondent violated RPC 1.7 by negotiating

contract terms With the investor, a personal fiiend, that were adverse to Complainant.

Respondent violated RFC 1.8(f), by accepting direction flora Ms. Borden without consent from

Cemplainant alter consultation. Respondent violated RFC 2.1 by failing to exercise independent

professional judgment in his repreSentatiOn of Complainant.

By the aforementioned facts, Joseph Weyant, has violated Rules of Professional Conduct
Ill

1.1 (Competence), 1.2 (Scope of Representation); 1.4 (Communication), 1.7 (Conflict of

Interest), 1.8(t) (Conflict of Interest), and 2.1 (Failure To Exercise Independent Professional

Judgment), and is hereby Publically Censored for these violations.

FOR THE BOARD OF
PROFESSIONAL RESPONSIBILITY

W am “View W/
VirgEljia Anne Sharber

0!} 24/] Law
Date I '

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