Southern California Breach Of Fiduciary Duty Attorney
In the intricate realm of business law, the guidance of a knowledgeable attorney is invaluable. The lawyer at Roland Tong, Attorney and Partner of Manning, & Kass, Ellrod, Ramirez, Trester LLP stands out as a formidable advocate for business partners facing fiduciary disputes in Southern California. With over 15 years of experience, attorney Roland Tong has consistently demonstrated his ability to representation of clients effectively in complex legal matters.
Proven Track Record In Business Law
Mr. Tong’s extensive background in business law is marked by several key differentiators that underscore his ability to serve his clients with diligence and acumen. His work as general counsel for companies across various industries has furnished him with an expansive view of Southern California’s business landscape. Mr. Tong was selected for inclusion in California Rising Stars from 2011 to 2014.
As a registered patent attorney, Mr. Tong brings a unique perspective to the legal challenges faced by innovators and entrepreneurs. His offices in Los Angeles, Orange County and San Diego ensure that clients across Southern California have access to his legal support whenever it’s needed.
Understanding Breach Of Fiduciary Duty
A breach of fiduciary duty occurs when an individual in a trusted position fails to act in the best interests of another party. When two or more people form a business partnership, each party owes the others a duty to act with reasonable prudence toward the business’s best interests, meaning doing what a reasonably prudent person would do in similar circumstances. Failure to do so is a breach of that duty, potentially exposing the breaching party to litigation from the other partners, who could sue for financial damage to the business or themselves personally.
Common scenarios include:
- Self-dealing, or acting in one’s own best interests in a transaction instead of the business’s
- Mismanaging assets
- Failing to disclose a conflict of interest
The consequences of breaching fiduciary duty can be severe. They often include payment of financial damages, such as making restitution and performing other remedies to address the harm done to the affected party. In these situations, the role of a breach of fiduciary duty attorney is critical. An experienced fiduciary duty lawyer, Mr. Tong can assess the situation, develop a robust case and work toward a resolution that aligns with his clients’ best interests.
How An Attorney Can Help
Attorney Tong is dedicated to assisting clients in navigating the complexities of Southern California business partner litigation. His approach involves tailoring his counsel to the specific needs of each case, ensuring that the legal strategy is as effective as possible. Mr. Tong represents those accused of breaches as well as business owners affected by partners’ breaches, giving him special insight into the resolution process.
Take The Next Step
Business partners caught in a breach of fiduciary duty dispute can contact attorney Tong to schedule a confidential legal consultation at 949-298-6867. Mr. Tong has offices in Los Angeles, San Diego and Orange County for your convenience.