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Articles Posted in Chicago breach of fiduciary duty lawyer near me

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Understanding Fiduciary Duty Law in Illinois: A Comprehensive Guide

Fiduciary duty law is a crucial legal concept that governs the relationships between individuals or entities entrusted with responsibilities to act in the best interests of others. In the state of Illinois, as in many other jurisdictions, fiduciary duty law plays a central role in various contexts, including business, finance,…

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Illinois Appellate Court Affirms Dismissal of Breach of Fiduciary Duty Claims against Independent Auditor

When a corporation hires an independent auditor to inspect its financials does that auditor owe fiduciary duties to its client? If no fiduciary duties exist as a matter of law, do they arise by virtue of a “special relationship” between the parties? In a matter of first impression, an Illinois…

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