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NEW JERSEY LAYERS' FUND v. PACE

892 A.2d 661 (2006)

186 N.J. 123

NEW JERSEY LAWYERS' FUND FOR CLIENT PROTECTION, Plaintiff-Appellant, v. Jean A. PACE, Defendant, and Summit Bank, Defendant-Respondent. New Jersey Lawyers' Fund for Client Protection, Plaintiff-Appellant, v. Jean A. Pace, Crawford & Company and Sun Trust Bank, Defendants, and Fleet National Bank, successor in interest to Summit Bank, Defendant-Respondent.

Supreme Court of New Jersey.

Decided March 7, 2006.

Attorney(s) appearing for the Case

William James Thomas, Senior Counsel, New Jersey Lawyers' Fund For Client Protection, argued the cause for appellant.

David B. Grantz argued the cause, Newark, for respondent (Meyner & Landis, attorneys).

PER CURIAM.

We agree with the Appellate Division that, generally, the statute of limitations on a claim for conversion of negotiable instruments begins to run from the date the instrument was negotiated. We add the following to clarify the application of that general rule.

In this case, an attorney misappropriated her clients' funds "by forging their endorsements on settlement checks" and Summit Bank (Summit)1 "accept[ed] the ...

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