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Feb 7, 2006 · In Canadian law, fiduciary obligation refers to a relationship in which one party (the fiduciary) is responsible for looking after the best interests of another party (the beneficiary). The courts have determined that a fiduciary obligation exists where the fiduciary can exercise some discretion or power, and they do so in a way that affects ...
The contents of the fiduciary “holy grail” also contemplate the unique space inside which the fiduciary concept operates within the law of civil obligations, as well as the foundational goals that the fiduciary concept is designed to accomplish. II. The Animating Forces of Fiduciary Duties.
Nov 24, 2014 · A fiduciary is held to a lofty standard in the eyes of the law, being expected to act honestly and diligently, and to make full disclosure to his principal. A fiduciary may not take any action that benefits him personally at the expense of the principal. To explore this concept, consider the following fiduciary definition. Definition of Fiduciary
Nov 27, 2018 · A fiduciary is a person who, by law, is responsible for acting in the best interests of another person. A fiduciary can be a bank or a brokerage firm. The most common example of a fiduciary duty is that which a trustee performs under a trust. Under a trust, the trustor gives the trustee the right to hold onto property or assets for a ...
contract and fiduciary law, typically arises in cases where the parties are in a contractual relationship and the court has to decide whether fiduciary obligations may be super-imposed on the contract. There are two competing views on the relationship between contract and fiduciary law.
- Anthony Duggan
- 2011
Mar 25, 2010 · A recent decision from the Supreme Court of Canada significantly clarifies the law of "ad hoc" fiduciary relationships — Galambos v.Perez, 2009 SCC 48.The decision has potentially wide-ranging commercial implications, since an ad hoc fiduciary relationship is one that may arise on the particular facts of a case.
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Understanding Fiduciary Duties and Relationship Fiduciarity, 2017 CanLIIDocs 427. Author (s): Leonard I Rotman. Source (s): McGill Law Journal (lawjournal.mcgill.ca) Licence: This work is licenced under the CanLII user licence which includes the right of the User to make copies of the work for legal research purposes, in the practice of law or ...
