Breach of Fiduciary Duty (noun): A Fiduciary Duty is a legal duty to act solely in another party’s interests. Parties owing this Duty are called Fiduciaries. The individuals to whom they owe a duty are called Principals. A Breach of Fiduciary Duty is failure to act solely in the party’s interests when a Duty is owed.
Words commonly used with this term include:
- Trust Litigation
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