Harold C. Brady

Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision

The Attorney, Harold Brady, was found guilty of professional misconduct for failing to account to his client, Factories Corporation of Jamaica Limited, for the balance proceeds of sale of its property. He collected the purchase price but failed to pay over the balance (save for $70,000,000 paid after his retainer ended), misled the client with statements claiming funds were held earning interest, and failed to stamp the Agreement for Sale, causing the client to incur penalties. The Panel made an express finding of serious dishonesty (misappropriation of client funds). Applying Bolton v Law Society, the Panel struck the Attorney off the Roll, ordered restitution of $111,380,364.62 with interest, and costs of $80,000.

Duties found breached:

• Overriding duty to the court
• Uphold public trust in the profession
• Handle inadvertently received material
• Report serious misconduct of others

Aggravating factors:

• Misappropriation of substantial client funds
• Misled client with false statement of account claiming funds were held earning interest
• Client deprived of substantial funds for approximately 2.5 years
• Caused client to incur penalties of $12,600,020
• Filed an affidavit falsely claiming repayment of $127,703,020 which actually related to a different transaction
• Great loss caused to the Complainant