THE NATURE OF FIDUCIARY LAW AND ITS RELATIONSHIP TO OTHER LEGAL DOCTRINES AND CATEGORIES.The article discusses the need for legal professionals in the U.S. to consider the revision of the standard law school curriculum in the country by implementing a separate course of fiduciary law in the ...
1) n. from the Latin fiducia, meaning "trust," a person (or a business like a bank or stock brokerage) who has the power and obligation to act for another (often called the beneficiary) under circumstances which require total trust, good faith and honesty. The most common is a trustee...
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The article focuses on issues concerning the fiduciary nature of spousal surety agreements in the Canadian banking law. The paradigm fact situation involves a wife who becomes a surety for a bank loan made to her husband often for the purposes of rescuing his struggling business. The security is...
. Inherent in this construct, however, has been a requirement to provide “reasonable notice” of termination. This requirement has appeared in case law dating back more than 100 years. Recently, the Virginia Supreme Court clarified the meaning of this “reasonable notice” requirement in the at...
Since the creation of Uniform Principles in the United States, there has tended to be lack of clarity about their meaning and purpose." Id. at 290–91. 452 ACTEC LAW JOURNAL [Vol. 36:443 the Uniform Principles as one method of fiduciary accounting, with New York and Washington D.C. ...
While the fiduciary prejudice against responsible investing has somewhat waned in recent years, owing mainly to reinterpretations of fiduciary and trust law, significant barriers remain. This book advances the notion of 'nature's trust' to metaphorically signal how fiduciary responsibility should ...
.Themeaningofeachoftheseobligationsisexplainedbyreferringtoasubsetofmorespecificobligationsderivedbycourtsintheprocessofadjudication,withtheimportantqualificationthattheenumerationofobligationsisnotexhaustive.Otherscanbeaddedovertimeasbusinesspracticeschangeandposenewchallengestothelaw.Thebroadand encompassing nature of ...
fiduciary, and the beneficiary is the principal. Under a trustee/beneficiary duty, the fiduciary has legal ownership of the property or assets and holds the power necessary to handle assets held in the name of the trust. In estate law, the trustee may also be known as the estate’s ...
Fiduciary LawSocially Responsible InvestingEnvironmental lawSustainable DevelopmentThis book investigates fiduciary law's influence on the financial economy's environmental performance. It focuses on how the law affects responsible investing aSocial Science Electronic Publishing...