A fiduciary duty exists when one party, based on a relationship of trust, has a legal obligation to act in the interests of another. The law creates many different types of fiduciary duties. Often these duties arise in the context of the management of corporations, partnerships and LLCs, or result from the relationships of parties to employment agreements, other contracts and trusts. Parties who breach their fiduciary duties face significant liabilities. Litigating a fiduciary duty claim and advising clients on how to avoid them requires a deep understanding of the law and its application. Tomlinson & Shapiro, P.C., has extensive experience prosecuting and defending fiduciary duty claims. We invite you to call our Chicago office at 312-715-8770 to make an appointment for a complimentary consultation.