Not all business relationships are created equal. Some carry heightened legal obligations — fiduciary duties — that require one party to act in the best interests of another rather than their own. These duties arise in a range of contexts: between business partners, between corporate officers or directors and their company, between investment managers and their clients, and between professionals and the people they serve.
When those duties are breached — through self-dealing, misappropriation, conflicts of interest, or simply putting personal gain ahead of the obligation owed — the consequences can be significant. Depending on the jurisdiction and the nature of the breach, an injured party may be entitled to recover not only actual damages but additional remedies as well.
These cases require careful analysis. The line between a fiduciary relationship and an ordinary arm’s-length business relationship is not always obvious, and the resolution of that issue can determine the entire shape of a dispute. Ford O’Brien Landy LLP’s litigators have handled complex fiduciary duty matters from both the plaintiff and defendant side — helping clients understand their rights and obligations, assess their exposure, and pursue or defend claims with a clear strategy.
Contact our offices in New York and Austin to learn how we can help.
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