"'Reasonably likely/expected violation' of fiduciary duties" Language
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Definition
A "reasonably likely/expected violation" of fiduciary duties refers to a breach of the legal obligation to act in the best interest of another party, which is anticipated or probable based on the circumstances and facts at hand, and may arise in the context of a no-shop covenant, an intervening event, or a superior offer.
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Class Hierarchy Visualization
Interactive graph showing class relationships - click on any node to navigate to that class
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