Breach of Fiduciary Duty in California
A breach of fiduciary duty claim arises when a person or entity who has been entrusted to act for the benefit of another fails to honor that obligation. Under California law, fiduciary duties are not imposed in every business relationship. But where a true fiduciary relationship exists, the law expects more than ordinary honesty. It demands loyalty, good faith, fair dealing, and, in many settings, careful management of the other party’s interests. California courts describe a...
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