Sentences with phrase «for breach of fiduciary duty»

Many contract lawsuits also involve claims for breach of fiduciary duty.
He has particular expertise in disputes between directors, claims against directors for breaches of fiduciary duties and actions involving minority shareholders.
The jury disagreed that the listing agent had a fiduciary duty to the buyer or that the broker was liable for a breach of fiduciary duty based on the agent's acts.
This post discusses the finding by the Court of Appeal that it was inappropriate for the application judge to have granted a constructive trust as a remedy for breach of fiduciary duty.
Acting for a music management company in claims against two former employees for breach of fiduciary duty and unlawful means conspiracy.
The case involved sellers who sued potential buyers for breach of contract and two real estate brokers for breach of fiduciary duty.
The successful representation of two members of a joint venture in their suit against their joint venture partner for breach of fiduciary duty and fraud.
Seven - figure settlement against corporate officers and directors for breach of fiduciary duty.
A jury found the sellers and the broker liable for negligent misrepresentation and fraud, and the broker was also liable for breach of fiduciary duty.
In our earlier posts, we focused on the use of a constructive trust as a remedy for breach of fiduciary duty and third party fraud liability.
The buyer sued the listing licensee and broker for breach of fiduciary duty.
aul, Weiss secured an affirmance of the dismissal of a New York state court action for breach of fiduciary duty against Silverpeak Real Estate Partners LP, which had been filed by investors who purchased Lehman real estate assets...
It is reported that there were 107 claims issued for breach of fiduciary duty in 2012 which rose to 368 in 2013, including claims relating to wrongful distribution of the estate to favour some beneficiaries over others and thefts from estates by the executors.
The Louisiana Supreme Court's reversal of a $ 1.2 million judgment for breach of fiduciary duty against the liquidator of a failed insurance company.
Paul, Weiss secured an affirmance of the dismissal of a New York state court action for breach of fiduciary duty against Silverpeak Real Estate Partners LP, which had been filed by investors who purchased Lehman real estate assets...
This practice group handles all types of ERISA litigation, including IRS audits, DOL investigations, claims for benefits and claims for breach of fiduciary duty by plan sponsors, plan administrative committees and plan trustees.
We are experienced in all manner of civil claims based on dishonesty, including those based on misrepresentation or on accessory liability for a breach of fiduciary duty, both at the corporate and individual level; and in the various techniques of asset recovery, including tracing, the imposition of constructive trusts, claims against third parties who have participated in or received proceeds from the fraud and piercing of the corporate veil.
Matter between wealthy individual and investment advisor for breach of fiduciary duty arising from recommended investments in allegedly inappropriate private equity investments and repayment of loans made by client to advisor
In Arden v. Forsberg & Umlauf P.S., the Washington State Supreme Court rejected the insureds» attempt to collect damages for breach of fiduciary duty and legal malpractice from their former insurance defense counsel.
A county board of supervisors may sue a private financial advisor hired by the board for breach of fiduciary duty; the Supreme Court of Virginia says the board effectively waived its common law legislative immunity from civil liability, and reverses...
Capital Structures Realty, a Tribune Publishing shareholder, files a lawsuit against the company's executives for a breach of fiduciary duty.
I call on all chick - fil - a franchise owners to demand this guys resignation and file suit for breach of fiduciary duty and duty of care in court for lost sales.
Med Mining and Minerals Limited v Nusantara: acted as sole counsel in a substantial Commercial Court trial (against leading counsel for both other parties) relating to the activities of a mining company in the Far East, involving contractual claims and counterclaims for breach of fiduciary duty made against the company's directors and seeking several million dollars.
After five years of litigation and a nearly two - week trial, the team received a defense verdict on a hard fought class action case for breach of fiduciary duty against Mr. Hughes.
As Canadian Lawyer reported in 2015, an Ontario Superior Court judge awarded damages against Cassels Brock for breach of fiduciary duty, breach of contract and professional negligence.
Advising a cosmetics manufacturer on an injunction for breach of fiduciary duties and severance arrangements for a director and a 50 per cent shareholder.
The Mediterranean Insurance & Reinsurance Company v Collins Acting as sole counsel for the Liquidators of an insurance and reinsurance company on a claim for breach of fiduciary duty through check fraud.
Our litigators represent ESOP trustees and plan sponsors in lawsuits for breach of fiduciary duty or other violations of ERISA.
Intellimedia Systems Limited v Richards Acting for the Defendants on a claim for breach of fiduciary duty relating to an internet protocol tv business and responding to urgent interim applications for the appointment of a receiver and freezing order - type relief.
Defended directors of selling corporation in derivative action by shareholders for breach of fiduciary duty
These representations include prosecution and defense of claims against directors and officers for breach of fiduciary duty and cases involving allegations of fraud, fraudulent conveyance and preference.
This is illustrated in Gichuru v. Smith, 2010 BCCA 35, a case where a plaintiff, upon having his articling student employment with a law firm terminated, sued a law corporation and its principal for breach of fiduciary duty and contract, seeking compensatory and punitive damages.
Johnson v EBS Trustees [2002] Lloyd's Rep. 309 CA (Abuse of confidence and rescission for breach of fiduciary duties on the part of a solicitor trustee).
Pearson, Simon & Warshaw, LLP (PSW) brought an action for breach of fiduciary duty owed to creditors and shareholders against the former officers and directors of Tripath Technology Inc., a high - tech public company that filed for bankruptcy in 2007.
«One could scarcely imagine a more correspondent set of remedies as damages for fraudulent breach of contract and equitable compensation for breach of fiduciary duty in relation to the same factual situation.»
Thus, the trial judge's implicit holding that Midland, as a shareholder, enjoyed a cause of action against Roberts for his breach of fiduciary duty to Magellan was not sustainable.
-- From a lawsuit by Amalgamated Bank against Tyson Foods board members for breach of fiduciary duties.
A Vancouver - based mining company has won a $ 90 - million equitable damages award against the former CEO and majority shareholder of its subsidiary for breach of fiduciary duty and self - dealing.
The appeal judge found that the arbitrator erred by failing to apply the principles that inform the remedies for breach of fiduciary duty when deciding on entitlement to bonus money.
Obtained dismissal on summary judgment of suit by beneficiary against bank trustee for breach of fiduciary duty and conflict of interest arising from bank's loan of $ 75 million to the corporation it controlled, as trustee, for transactions the beneficiary claimed were imprudent
We are as familiar with the requirements of proving deceit at common law as with equitable relief for breach of fiduciary duty, including secret profits and bribes.
The Buyer sued the Broker for breach of fiduciary duty in his role as escrowee, and the trial court ruled that the Broker had breached his fiduciary duty by releasing the escrowed funds to the Sellers and awarded the Buyer $ 40,000 plus interest.
Patzer, who admitted he was aware or should have been aware of the second mortgage and his liability thereon, sued Werth for breach of fiduciary duty.
Attorney Scott Kossove discusses his NAR Midyear risk management forum presentation about reducing the risks for breach of fiduciary duty...
A California court has considered a buyer's lawsuit against an escrow company and others for breach of fiduciary duty.
The court also pointed out that the purchaser's claim was not for breach of fiduciary duty, but rather, was for Tri-Professional's misrepresentations as to the property offered for sale as well as its authority to sell it.
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