More on
Relationships that are Not Fiduciary
In a recent decision from a federal
district court in Iowa, it held that certain relationships are not fiduciary in
nature. Meardon v. Register, 3:18-cv-00042, 2018 WL 7858345 (S.D. Iowa Dec.
18, 2018).
Responding to the suggestion that a
fiduciary relationship arose out of a long-term business relationship gave rise
to a fiduciary duty, the court wrote “Business relationships alone are not
fiduciary relationships; nor are friendships.” Id, *7.
No comments:
Post a Comment