Houston Trial Attorney For Breach Of Fiduciary Duty
A fiduciary duty is created when a bond of trust is placed upon a person, known as a fiduciary, to act in good faith regarding business matters that involve operations, finances, property, and more. When this duty is created, the fiduciary owes the strictest duty of care owed that is mandated under the law. This includes exercising their loyalty, obedience, care, and disclosure with respect to material information.
When the fiduciary either falls short of their legal obligations or purposely take advantage of their position, they are considered to be in breach of their duty, and are subject to legal recourse being taken against them.
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In order to successfully win a breach of fiduciary duty case, the following elements must be proven:
- A fiduciary relationship existed between the Plaintiff and Defendant
- The fiduciary breached their duty to the Plaintiff
- The breach of fiduciary duty caused injury to the Plaintiff or a benefit to the Defendant
If all of the above elements are established in your case, you may be able to claim a variety of damages. These include economic damages, mental anguish damages, punitive damages, equitable remedies and more. At Patterson PC, we have a thorough understanding of business law, how to establish the requirements in a breach of fiduciary duty case, and how to litigate against the culpable party.
Put A Top-Rated Business Litigation Attorney On Your Side Today
Our founding attorney Pete Patterson is AV Preeminent® Rating by Martindale-Hubbell® and, for 15 consecutive years, has been recognized by Texas Super Lawyers®. Both of these distinctions are reserved only for attorneys who have demonstrated the highest levels of professionalism and integrity. If you would like to discuss your breach of fiduciary duty case, please contact our business litigation firm today.