Fiduciary duty sexual abuse

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A fiduciary is a person who holds a legal or ethical relationship of trust with one or more other parties person or group of persons. Typically, a fiduciary prudently takes care of money or other assets for another person. One party, for example, a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to another party, who, for example, has entrusted funds to the fiduciary for safekeeping or investment. Likewise, financial advisers , financial planners , and asset managers, including managers of pension plans, endowments, and other tax-exempt assets, are considered fiduciaries under applicable statutes and laws.
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Topics: Civil Litigation

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Clergy Sexual Misconduct and Fiduciary Duty | Systemic Abuse Researcher Notes

Doctor have a duty to act with the utmost loyalty and good faith when dealing with their patients, and must never allow their personal interests to conflict with their professional duty. Fiduciary relationships are a special category of legal relationship in which one person the fiduciary has discretionary power over significant practical interests such as the medical, legal, or financial interests of another the beneficiary. The fiduciary duty may be understood as one type of a more generalized duty by which the law seeks to protect vulnerable people in their transactions with others. The physician-patient relationship has long been recognized as one of the traditional categories of fiduciary relationship, and as such, doctors have an obligation to their patients to act with the utmost loyalty, good faith, and must never allow their personal interests to conflict with their professional duty. In dissenting reasons in Frame v. Smith, 2 Wilson J.
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Google confirms it agreed to pay $135 million to two execs accused of sexual harassment

Not to be confused with: disabuse — to free a person from deception, error, or misconception: I want to disabuse you of your opinion of the gentleman. To use improperly or excessively; misuse: abuse alcohol; abuse a privilege. To hurt or injure by maltreatment; ill-use: animals that were abused by a negligent owner. Improper or excessive use; misuse: abuse of authority; drug abuse.
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Like many things in life, operating a business with another person, or many persons, is a risk. There is always the possibility that your business associates may act for their own benefit, rather than for the benefit of the business. The law recognizes this risk and assigns special obligations of fidelity to business partners.
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