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Introduction Why is the fiduciary concept so difficult to understand? After all, its history in English law dates back more than three hundred years and its philosophical and doctrinal origins reach back even farther. Fiduciary principles in common law jurisprudence predate even the seminal case of Keech v. Sandford[1] (Keech) in 1726 that is generally … Continued
Sep 30, 2024 · Duty of loyalty is a person's responsibility to act at all times in the best interests of their company. The duty of loyalty is one of the two primary fiduciary duties required to be discharged by ...
- Will Kenton
Mar 25, 2010 · 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. It thus stands in contrast to a " per se " fiduciary relationship, which can arise only in certain limited contexts (e.g., those involving solicitor-client, doctor-patient, or trustee-beneficiary relationships).
May 9, 2019 · Abstract. This chapter addresses the fiduciary duty of loyalty. Loyalty is a central concept in fiduciary law, even as scholars differ on whether we should reason from fiduciary relationships to loyalty obligations, or the other way around. Nonetheless, the common view across jurisdictions and across theories is that loyalty is vital to ...
The Civil Code of Québec imposes on the employee an obligation to “act faithfully and honestly” (article 2088); in the French version, “ avec loyauté .”. This is a text of law that demands loyalty outside of a fiduciary relationship; an example of a legal implementation of minimalist loyalty. While the Code stipulates that spouses owe ...
Fiduciary duties. The duties, pre-eminently a duty of loyalty, owed by a fiduciary to the other person in the fiduciary relationship, for example, by a trustee to the beneficiaries of a trust; by an agent to the agent's principal; by a company director to the company. The scope of the duties owed in any given case ultimately depends on the ...
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Aug 20, 2018 · Whether a fiduciary satisfies the demands of loyalty depends, at least in part, on how she deliberates, how her deliberation is connected with her actions, and how sturdy her commitments to her beneficiary are. Both inside the law and out, loyalty makes demands on the inside of the fiduciary. We call this view cognitivism about fiduciary loyalty.
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