Acuff v. Rice

Under an arrangement whereby attorneys at law are associated together in rendering legal services in winding up the affairs of an insolvent bank, including collections on outstanding loans, whereby they are to share in the fees collected in agreed proportions, a fiduciary or trust relation exists as to fees collected in which both are entitled to share. In such case there is a duty on the part of each to disclose to the other and account to him for his share of fees collected.

A bill disclosing such contractual relation followed by divers services rendered by complainant thereunder for many…