Mushrush
Mushrush v. State Bar
Opinion
lead Opinion
This is a proceeding to review a recommendation of the Disciplinary Board of the State Bar that petitioner Raymond L. Mushrush be suspended from the practice of law for one year. Petitioner was admitted to practice in 1959 and has not been involved in any other disciplinary proceeding.
In June 1968 petitioner was retained by DeWayne Titus to represent Transocean Terminals, Inc. (TOT) in an attempt to prevent foreclosure on corporate real property valued at several million dollars. He filed chapter XI proceedings under the Bankruptcy Act and obtained an order restraining a scheduled trustee’s sale.
The security holder produced a buyer for the TOT property whose identity was kept from petitioner. The agreement provided for the purchase by the same buyer of a second smaller parcel owned by another Titus controlled corporation. Titus and the security holder negotiated the transaction; petitioner did not participate.
*489 On January 14, 1969, petitioner obtained an order of the bankruptcy court confirming the sale of the TOT property. Petitioner advised the bankruptcy court of the concurrent sale of the smaller parcel and expressed his understanding that it was to occur at…