John C. Osborne, Again
I wrote here about Houston lawyer John C. Osborne's travails with the State Bar of Texas. He's still serving a probated suspension until December 2013, but the Commission for Lawyer Discipline nonsuited the first disbarment petition.
Now the Commission has filed a second disbarment petition (PDF) against Osborne, this time alleging that he overdrew his IOLTA account, the account in which he was supposed to be keeping client funds, using it to pay business and personal expenses including his health-insurance premiums, his contact lenses, tires, a tailor, his home mortgage, and home and office expenses.
Osborne is also being sued by a client for selling that client's property out of trust.
You can tell I'm not a big fan of John C. Osborne's. I'm a little surprised that he's still practicing law. Check back in a year.