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opinions on whether broker-dealers should be subject to a fiduciary duty when advising retail and institutional investors. This … paper focuses on the advisability of such a proposal for institutional investors. It shows that (1) a fiduciary duty could … benefit of fiduciary duty is much narrower than what its proponents believe. (2) Institutional investors face substantial …
Persistent link: https://www.econbiz.de/10013083010
This Article explores the impact of the Trustees and Trustee Companies (Amendment) Act 1995 (Vic) (the 'Victorian Amendments') on trustees' power of investment. The Victorian Amendments are based on South Australian and New Zealand legislation.The Victorian Amendments replaced the legal list...
Persistent link: https://www.econbiz.de/10013084404
longer term and more systemic view of fiduciary obligations. We begin this article with a summary discussion of how fiduciary … to develop a broader conceptual framework for fiduciary duties and consider steps that might be taken to address and …
Persistent link: https://www.econbiz.de/10013086262
Persistent link: https://www.econbiz.de/10013089326
This Article assesses a fundamental puzzle concerning directors' fiduciary duties. While courts have gradually refined … the content of fiduciary duties, they have yet to clearly determine which parties are the beneficiaries of these duties … of the existing doctrine. An underappreciated feature of the current ambiguity is that it facilitates dynamic fiduciary …
Persistent link: https://www.econbiz.de/10013090617
stand in a fiduciary relationship with one another” an accurate statement of the law? In fact it is not. As is detailed … herein, as a matter of positive law, (i) no Kentucky court has held there to be a fiduciary relationship among shareholders …, each addressing inter-owner fiduciary duties, the absence of a statutory inter-shareholder duty must evidence the absence …
Persistent link: https://www.econbiz.de/10013090870
's position on default fiduciary duties. Next, this article analyzes the DLLCA, discussing its objective to give maximum effect to … the principle of freedom of contract and its lack of linkage to the common law of fiduciary duties. This article also … posits that, after a reasoned statutory construction of §18-1101, no default fiduciary duties obviously existed in the DLLCA …
Persistent link: https://www.econbiz.de/10013092036
. Organizational law supplies a set of contractarian rules, some of a fiduciary character, that provide for the governance of the …
Persistent link: https://www.econbiz.de/10013092115
Fiduciary remedies are notoriously potent. Fiduciaries who profit from their disloyalty are liable to be ordered to … matter of primary right, by virtue of their exclusive claim over fiduciary power as a means derived from their own legal …
Persistent link: https://www.econbiz.de/10013065173
Judges have concluded that shareholders have no status fiduciary duty to their corporations. They have also concluded …
Persistent link: https://www.econbiz.de/10013065444