Partnership and the Fiduciary Component: Duties, Obligations, Rights, and Remedies

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Under BYKER V. MANNES, a partnership, and the corresponding fiduciary duties, can be found to exist even when the parties did not intend to form a partnership. This article discusses the factors courts will consider when deciding a partnership claim, the duties partners owe each other, and the remedies avaiable to a partner that has been wronged.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Brendan Frey | Attorney Advertising

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