Archive for May 9th, 2012

U.S. v. Milovanovic – Ninth Circuit Adopts a Sloppy Fiduciary Standard (2012-5-9)

Case law reflects a tension in the interpretation of fiduciary duties. One camp favors a “I know it when I see it” approach, while the more rigorous jurists seek to discern the basis for imposition of such liability. This tension is on full display in the recent en banc decision in U.S. v. Milovanovic, ___ […]