NOUN
- the legal relation that exists when one person justifiably places reliance on another whose aid or protection is sought in some matter
How To Use fiduciary relation In A Sentence
- It may be possible to go further and interpret Lord Browne-Wilkinson's somewhat ambiguous dicta as removing the requirement for a fiduciary relationship altogether.
- Sponge does not actively mislead Maxwell, the parties are dealing at arm's length and are not, for example, in a fiduciary relationship where disclosure would be necessary.
- Sale is a commercially adverse relationship; agency involves a fiduciary relationship of trust and confidence.
- Derived from Anglo - American Equity, trust is a fiduciary relationship with respect to specific property.
- If a representee does not elect to avoid a voidable contract, the representor is not a constructive trustee of property transferred under the contract, and no fiduciary relationship exists between him and the representee.
- The Defendants' fiduciary relationship only came into being in the course of the fraud and was incidental to the means by which the fraud was perpetrated.
- Such undisputed facts do not support the existence of a fiduciary relationship between defendants and plaintiff. Christianity Today
- The fiduciary relationship which subsists between solicitor and client comes to an end with the termination of the retainer.
- Lord Haldane held that the fiduciary relationship between the parties imposed a duty on the solicitor.
- This, perhaps, raises a semantic question which need not detain us, but it is certainly the case that the mere separation of the legal and beneficial ownership does not ipso facto create a fiduciary relationship.