Aug
22

Fiduciary Duty

Looking over the history of posts on this blog, I was surprised to find very little content relating to an agent’s fiduciary duty to act in the best interest of his/her client at all times.  Fiduciary duty is a term which means that there exists a special relationship where trust, confidence, or responsibility to others in certain circumstances.

Sports Law Blog points to an example of where an agent is being sued for beach of contract and breach of fiduciary duty [Golfer's Suit Against Agent Heating Up].  Golfer, David Toms, is looking to break his contract with his agent (David K. Parker of Links Management Group, LP located in Plano, Texas) and gain compensatory damages with interest.  For a complete list of reasoning on why the fiduciary duty was breached, head on over to the external link above.

Toms believes that his agent’s actions have made his game suffer…or maybe he just does not want his contract with his current agent to be automatically renewed at the end of this year… [David Toms sues his agent].

[tags]david toms, agent, sports agent, golf, fiduciary duty[/tags]

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