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Digest
Digest
7418, October 9, 2007) FACTS: This is a disbarment case filed against Atty. Santiago C. Soriano for gross misconduct. In the Complaint filed before the Integrated Bar of the Philippines (IBP), Andrea Balce Celaje alleged that respondent asked for money to be put up as an injunction bond, which complainant found out later, however, to be unnecessary as the application for the writ was denied by the trial court. During the hearing, the complainant alleged that she has remitted to respondent, amounts of money totalling to more or less P270,000.00. These were all undocumented and not acknowledged in writing. However, for the alleged amount of P14,800.00 intended for an injunction bond, it has been established that indeed an accumulated amount of P9,000.00 has been remitted by respondent and only the unpaid P5,800.00 remains unaccounted for. According to complainant, this was made possible because she was not knowledgeable on legal matters and practices. Respondent for his part has only offered denials to the charges. ISSUE: Whether respondent is guilty of gross misconduct and has violated the Code of Professional Responsibility HELD: The Code of Professional Responsibility (CPR), particularly Canon 16 thereof, mandates that a lawyer shall hold in trust all moneys and properties of his client that may come into his possession. He shall account for all money or property collected or received from his client and shall deliver the funds and property of his client when due or upon demand. It was established that respondent could not account for P5,800.00 which was part of the sum given by complainant to him for the purpose of filing an injunctive bond. Respondent's failure to return the money to complainant gave rise to the presumption that he misappropriated it for his own use to the prejudice of, and in violation of the trust reposed in him by his client. It is a gross violation of general morality and of professional ethics and impairs public confidence in the legal profession. When a lawyer receives money from the client, the lawyer is bound to render an accounting to the client showing that the money was spent for a particular purpose. And if he does not use the money for the intended purpose, the lawyer must immediately return the money to his client. Membership in the legal profession is a privilege. The attorney-client relationship is highly fiduciary in nature. As such, it requires utmost good faith, loyalty, fidelity and disinterestedness on the part of the lawyer. Respondent Atty. Santiago C. Soriano was found GUILTY of violating Canon 16 of the Code of Professional Responsibility and was SUSPENDED from the practice of law for a period of two years. Respondent was further ordered to restitute to his client the amount of P5,800.00.