In
imposing fiduciary obligations, the Court concluded that the employee's very ability to perpetrate such a large scale fraud over an extensive period of time was evidence that he occupied a fiduciary position.
President Obama gave a full - throated endorsement of the Department of Labor's controversial proposal to
impose fiduciary obligations on brokers and advisors working with retirement plans, insisting that new rules are a needed consumer protection to prevent billions in costs due to bad advice.
In particular, courts have
imposed fiduciary obligations on employees who have committed fraud against their employer or where they have assisted a fiduciary in competing unfairly against the employer.
Not exact matches
So we'll
impose a new
fiduciary responsibility on senior civil servants - a contractual
obligation to save the taxpayer money.
Special
obligations are
imposed when such
fiduciary relationships are created.
While an agency relationship does
impose certain
obligations upon the parties, courts also look to all aspects of the relationship to determine whether there has been a breach of
fiduciary duty.
The contract spells out the
obligations on the agent (what the agent has agreed to do for the seller) and the law of agency
imposes certain duties in fulfilling those
obligations (
fiduciary duty, etc.) What specific
obligations does «agency»
impose in your world - in other words does your view on agency mean every agent must advertise a property in the newspaper if the contract does not specifically provide for that (or prepare floor plans, or stage the property)?