What is a Fiduciary Duty and Do I Owe One?
Dealing with companies, members, shareholders and partners, I hear a lot of accusations thrown around when a member, shareholder or partner isn’t satisfied with how their associates are running the jointly owned company. The main accusation I hear is the associate (member, shareholder or partner) has breached their fiduciary duty. So, what is a fiduciary duty, when do you owe a duty and to whom is the duty owed? While there are many different types of fiduciary duties, we wil