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Some relationships between people and business entities are held to a fiduciary standard. This means that all concerned owe a duty to each other to act in good faith and with care and loyalty to one another. When a fiduciary duty is breached, serious damage to the business is often the result.
The most frequent breach of fiduciary duty litigation involves a partner, officer, or trusted advisor’s self-dealing. An individual in a position of trust may not benefit himself or herself at the expense of the company or other owners.
Louisville Breach of Fiduciary Duty Lawyers
These types of violations of trust or allegations of a breach of trust can result in contentious litigation. To preserve your rights and your business interests, speak with a dedicated, skilled Kentucky business lawyer for a free initial consultation. Contact us today.