Breach of Fiduciary Duty and Partnership Disputes
Breach of Fiduciary Duty
A fiduciary relationship or duty is created when someone is legally appointed to hold or manage assets for another. This relationship involves a high level of trust and the person or entity appointed is obligated to carry out its duties within certain legal standards. A cause of action for breach of fiduciary duty occurs when the person or entity appointed acts outside of its appointment and their acts result in actual damages or loss. Breach of fiduciary duty lawsuits commonly involve trustees, executors, administrators and business partners. We can help if you have become the victim of a breach of a fiduciary duty.
Partnership Disputes
Partnership disputes can arise for many reasons and, while some can be resolved, many ultimately result in the dissolution of the partnership. Business partners owe each other a strict duty of good faith, candor, loyalty and there is a general prohibition against using the relationship to benefit personal interests except with full disclosure to all partners. When a partner fails to honor these duties, partnership disputes are a certainty and you must act quickly and contact our office to protect your business and your personal interests.
If you feel that you have been the victim of a breach of fiduciary duty or are involved in a partnership dispute, call the Law Offices of Jason M. Johnson today to discuss how we can help.