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Article: In search of the nature and function of fiduciary loyalty: Some observations on conaglen's analysis

TitleIn search of the nature and function of fiduciary loyalty: Some observations on conaglen's analysis
Authors
Issue Date2007
PublisherOxford University Press. The Journal's web site is located at http://ojls.oxfordjournals.org/
Citation
Oxford Journal Of Legal Studies, 2007, v. 27 n. 2, p. 327-338 How to Cite?
AbstractFiduciary law is in a state of flux. We know that the core obligation of a fiduciary is an obligation of loyalty, but we are less sure what 'fiduciary loyalty' encompasses. We know a fiduciary has duties not to profit or put himself in positions of conflict, but how these duties interact with other non-fiduciary duties (whether tortious or contractual or otherwise) is more difficult to discern. Against this background, Conaglen has made a recent contribution to our understanding of the fiduciary doctrine. He suggests that fiduciary loyalty offers a subsidiary and prophylactic form of protection for non-fiduciary duties. This article considers his analysis, and argues that it is not supported by case law and creates a number of inexplicable implications for the fiduciary doctrine. In view of these difficulties, Conaglen's analysis should be rejected. © The Author 2007. Published by Oxford University Press. All rights reserved.
Persistent Identifierhttp://hdl.handle.net/10722/155984
ISSN
2015 Impact Factor: 0.887
2015 SCImago Journal Rankings: 0.332
References

 

DC FieldValueLanguage
dc.contributor.authorLee, Ren_US
dc.date.accessioned2012-08-08T08:39:20Z-
dc.date.available2012-08-08T08:39:20Z-
dc.date.issued2007en_US
dc.identifier.citationOxford Journal Of Legal Studies, 2007, v. 27 n. 2, p. 327-338en_US
dc.identifier.issn0143-6503en_US
dc.identifier.urihttp://hdl.handle.net/10722/155984-
dc.description.abstractFiduciary law is in a state of flux. We know that the core obligation of a fiduciary is an obligation of loyalty, but we are less sure what 'fiduciary loyalty' encompasses. We know a fiduciary has duties not to profit or put himself in positions of conflict, but how these duties interact with other non-fiduciary duties (whether tortious or contractual or otherwise) is more difficult to discern. Against this background, Conaglen has made a recent contribution to our understanding of the fiduciary doctrine. He suggests that fiduciary loyalty offers a subsidiary and prophylactic form of protection for non-fiduciary duties. This article considers his analysis, and argues that it is not supported by case law and creates a number of inexplicable implications for the fiduciary doctrine. In view of these difficulties, Conaglen's analysis should be rejected. © The Author 2007. Published by Oxford University Press. All rights reserved.en_US
dc.languageengen_US
dc.publisherOxford University Press. The Journal's web site is located at http://ojls.oxfordjournals.org/en_US
dc.relation.ispartofOxford Journal of Legal Studiesen_US
dc.rightsOxford Journal of Legal Studies. Copyright © Oxford University Press.-
dc.titleIn search of the nature and function of fiduciary loyalty: Some observations on conaglen's analysisen_US
dc.typeArticleen_US
dc.identifier.emailLee, R:rebeccalee@hku.hken_US
dc.identifier.authorityLee, R=rp01258en_US
dc.description.naturelink_to_subscribed_fulltexten_US
dc.identifier.doi10.1093/ojls/gqm006en_US
dc.identifier.scopuseid_2-s2.0-34547128648en_US
dc.identifier.hkuros133585-
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-34547128648&selection=ref&src=s&origin=recordpageen_US
dc.identifier.volume27en_US
dc.identifier.issue2en_US
dc.identifier.spage327en_US
dc.identifier.epage338en_US
dc.publisher.placeUnited Kingdomen_US
dc.identifier.scopusauthoridLee, R=17344046000en_US

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