► Attorney Robert Fennig of Cudahy, WI; crook Print E-mail
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Attorney Robert Fennig of Cudahy, WI; crook

 
The state of Wisconsin presented Robert B. Fennig with a law license in 1999 after he graduated from the Marquette University Law School.
 
The Office of Lawyer Registration (OLR) found Robert guilty of the following misconduct.
 
Robert became successor trustee of an Illinois testamentary trust at the request of the attorney for the trust. The trust was to be terminated when the sole beneficiary reached age 50. The total assets of the trust were $938,000.
 
Two days after his appointment, Robert loaned $71,000 from the trust to a new land development company formed by the beneficiary. The trust held all the company’s stock and a note for the loan. Robert then filed a trust inventory but did not list the stock or the note as assets. The trust’s attorney then began negotiations with a bank for financing for the company, with the trust as guarantor of the loan. Over the next few months, the bank loaned $40,000 to the company.
 
The company failed to elect officers, and no one had authority to enter into agreements on behalf of the company. Shortly thereafter, Robert was named vice president of the company, and the trust’s attorneys, as secretary/treasurer, signed a corporate resolution authorizing the company to borrow and pledge collateral to the bank. The bank then loaned the company another $12,000. After the note went into default, Robert signed a guaranty for the company’s indebtedness to the bank. Thereafter, Robert signed a $45,000 note secured by the trust to obtain a loan from the bank that consolidated the prior loans and provided an additional $20,000 of new money. Subsequently, the bank made additional loans to the company, and the company thereafter defaulted on the loans.
 
After the beneficiary turned 50, Robert terminated the trust and repaid some of the debts but not the bank’s loans. Robert then transferred the remaining assets of the trust to the beneficiary but didn’t retain sufficient assets to satisfy the guaranteed bank loans despite his promise to do so.
 
The bank then filed a foreclosure action against the company, the trust and Robert, and a judgment was entered against all of the defendants for $93,000. When the bank learned that Robert had terminated the trust, it filed a lawsuit against the trust and Robert in Illinois. Following the trial, Robert was found guilty of committing fraud against the bank, and judgment was entered against him for $103,479.
 
As a consequence of her misconduct, the enablers for Attorney Misfits sitting on the Wisconsin Supreme
Court punished Robert by gifting him with a complimentary 60-day suspension of his law license. 
 
Because Attorney Misfits in Wisconsin are held to a much lower standard of conduct then everyone else, Robert was never criminally charged for perpetrating a fraud on the bank.
 
As we speak (ca. October 2012) Robert practices at 5970 South Crosswinds Drive in Cudahy, Wisconsin.
 

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