- 16 - the money paid to them by Lynch pending approval of the payments by the court. After 14 hearings during the period May 2, 1986, to March 24, 1987, Judge Shoyer entered an adjudication on September 21, 1988. Judge Shoyer opined that the method Lynch followed in removing bonds and coupons from the estate and his failure to maintain adequate records of such transactions was a breach of ethical standards. He stated, however, that the court was not disposed to penalize Lynch for his several violations of the ethical rules but would leave the disposition of such ethical considerations to the Disciplinary Board of the Supreme Court of Pennsylvania, and he referred the record of the Orphans' Court to the Disciplinary Board. There is no evidence in this record that the Disciplinary Board ever took any action on the referral. Judge Shoyer stated that in endeavoring to arrive at a reasonable and fair fee, he was most conscious of the fact that had it not been for Lynch and Reardon, there would be nothing for the parties before him to fight about. He found that a reasonable contingent fee for Lynch and Reardon should be based on a percentage of the fair market value of the recovered stolen bonds. He first noted that there was no allegation by Panepinto of any impropriety by Reardon. Reardon admitted that he had received $250,950 from Lynch in payment of the investigatory work which he had performed. Judge Shoyer found that Reardon was entitled to 15 percent ofPage: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
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