Breach of Fiduciary Duty

Identification

IRI 📋

https://folio.openlegalstandard.org/RtmRdqzdG4lddVrtCToiL1

Label (rdfs)

Breach of Fiduciary Duty

Preferred Label

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Alternative Labels

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Identifier

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Definition and Examples

Definition

Breach of Fiduciary Duty refers to a situation where a person in a position of trust and confidence, such as a trustee, agent, or business partner, fails to act in the best interests of the other party and instead acts in their own self-interest, resulting in harm or loss to the other party.

Examples

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Translations

Class Relationships

Sub Class Of

• Fraud Claims
• Agency & Vicarious Liability

Parent Class Of

• Fiduciary Relationship
• Fiduciary's Misappropriation of Funds
• Employee Breach of Fiduciary Duty
• Fiduciary Breaching Duty
• Breach of Fiduciary Duty by Trustee
• Fraudulent Concealment by Fiduciary
• Business Partner Breaching Fiduciary Duty to Co-Partner
• Agent Breaching Fiduciary Duty to Principal

Is Defined By

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See Also

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Additional Information

Comment

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Description

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Notes

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Deprecated

False

Metadata

History Note

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Editorial Note

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