Brooklyn Attorney Larry Wallace Disbarred for Failure to Respond to Disciplinary Charges

On Wednesday, December 11, 2024, the New York Supreme Court, Appellate Division, Second Judicial Department disbarred attorney Larry Wallace following a disciplinary proceeding initiated by the Grievance Committee for the Second, Eleventh, and Thirteenth Judicial Districts. The court’s decision came after Wallace failed to respond to a notice of petition and a verified petition that outlined multiple charges of professional misconduct.

The case is entitled “In the Matter of Larry Wallace,” with case no. 2023-10575.

Wallace faced four significant allegations. The first charge accused him of distributing estate funds without obtaining the necessary decree from the Surrogate’s Court. The second charge involved the misappropriation of funds, as he reportedly used fiduciary funds from two separate escrow accounts to pay personal expenses. Additionally, he was charged with failing to maintain adequate bookkeeping records for his attorney escrow accounts and improperly titling checks for one of those accounts.

Despite being granted an extension to respond to the petition, Wallace did not file an answer within the stipulated timeframe. Consequently, the Grievance Committee moved to have the charges deemed established due to his default. The court granted this motion, leading to the conclusion that the allegations against him were valid and warranted disciplinary action.

As a result of the ruling, Wallace has been disbarred from practicing law, with his name officially removed from the roll of attorneys and counselors-at-law. The court mandated that he adhere to the rules governing the conduct of disbarred attorneys, which prohibit him from practicing law in any capacity or providing legal advice. Furthermore, if Wallace possessed any secure pass issued by the Office of Court Administration, he was required to return it immediately.

The Disposition states:

“ORDERED that pursuant to Judiciary Law 90, effective immediately, the respondent, Larry Wallace, is disbarred, and his name is stricken from the roll of attorneys and counselors-at-law.”

According to avvo.com, Mr. Wallace was an attorney in Brooklyn, New York. He attended the Boston University School of Law, graduating in 1984. He acquired his law license in New York in the same year.

A copy of the original filing can be found here.