Tag Archives: Fiduciary Duties in a Corporation

Do Fiduciary Duties Apply Between Equal, 50/50 Shareholders?

Fiduciary duties are often described as the highest duties recognized under the law.  Their application, however, is often challenged by litigants in court.  In a recent case before Iowa’s Business Court, the Honorable Judge John Telleen was tasked with determining whether equal, 50/50 … Continue reading

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Care, or Beware! Iowa’s Fiduciary Duty of Care

With Valentine’s Day just around the corner, we think it’s high time to further explore “caring” in the corporate context.  And while we’ve frequently addressed the broad concept of fiduciary duties that Iowa law and Iowa courts impose upon corporate … Continue reading

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PART I – A Director’s Fiduciary Duty to Question and Disclose Information?

PART I – 2013 Changes to the Iowa Business Corporation Act. This post is the first in a series of posts that will address several changes to the Iowa Business Corporation Act (Iowa Code Chapter 490) as approved by the … Continue reading

Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Member, New Law, Officer, Partners, Partnership, Shareholder | Tagged , , , , , , , , , , , , , , , , , | 1 Comment

Fiduciary Duties in an LLC, do They Exist in Arizona?

The short answer is, it depends.  In Arizona, at the time of writing this post, fiduciary duties are not implied as a matter of law between members and/or managers and the LLC.  However, fiduciary duties may nonetheless exist if the … Continue reading

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