Breach: 11. Breach of Fiduciary Duty
1Elements and Case Citations
- Plaintiff and Defendant share a relationship whereby:(a) Plaintiff reposes trust and confidence in Defendant, and(b) Defendant undertakes such trust and assumes a duty to advise, counsel and/or protect Plaintiff;
- Defendant breaches its duties to Plaintiff; and
- Plaintiff suffers damages.
The elements of a claim for breach of fiduciary duty are not fixed as the claim may arise from virtually any case where one party accepts the trust and assumes the duty to protect a weaker party. See, e.g., Quinn v. Phipps, 93 Fla. 805, 113 So. 419, 420-421 (1927).
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