{"id":241,"date":"2015-02-12T15:26:50","date_gmt":"2015-02-12T20:26:50","guid":{"rendered":"https:\/\/nybusinesslitigator.com\/?p=241"},"modified":"2016-12-11T01:05:42","modified_gmt":"2016-12-11T06:05:42","slug":"aided-and-abetted-a-breach-of-fiduciary-duty","status":"publish","type":"post","link":"https:\/\/nybusinesslitigator.com\/?p=241","title":{"rendered":"Aiding and Abetting A Breach Of Fiduciary Duty"},"content":{"rendered":"<p>In continuing my review of breach of fiduciary duty claims, (If you haven&#8217;t read my previous post click <a href=\"https:\/\/nybusinesslitigator.com\/?p=239\" target=\"_blank\">here<\/a>), there may also be a possible claim for aiding and abetting a breach of fiduciary duty against each of the participants.<\/p>\n<p>Below is a brief excerpt explaining how one might aid and abet a breach of duty. <!--more--><\/p>\n<blockquote><p><em>A party can be liable for aiding and abetting a breach of fiduciary duty if he knowingly helps the other party breach the duty. <\/em>Aetna Life Ins. Co. v. Appalachian Asset Mgt. Corp.<em>, 110 A.D.3d 32, 42 (1st Dept. 2013).<\/em><\/p>\n<p><em>New York law permits an aiding and abetting claim against a party that knew of the breach and participated in it by providing substantial assistance to the primary violator.<\/em><br \/>\nJohnson v. Nextel Comms.,<em> Inc., 660 F.3d 131, 142 (2d Cir. 2011). Wrongful intent by the third party is not required; \u201conly that the third party knew of the breach and participated in it.\u201d <\/em>Id<em>.<\/em><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<blockquote><p><strong>If you have any legal questions or need help with\u00a0fiduciary\u00a0duties, please contact Attorney Scott Lanin at (212) 764-7250 x 201 or use the contact form in the right sidebar.<\/strong><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>In continuing my review of breach of fiduciary duty claims, (If you haven&#8217;t read my previous post click here), there may also be a possible claim for aiding and abetting a breach of fiduciary duty against each of the participants. &hellip; <a href=\"https:\/\/nybusinesslitigator.com\/?p=241\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[49],"tags":[],"class_list":["post-241","post","type-post","status-publish","format-standard","hentry","category-ny-business-litigator-blog-ny-real-estate-litigator-blog"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/posts\/241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=241"}],"version-history":[{"count":9,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/posts\/241\/revisions"}],"predecessor-version":[{"id":392,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=\/wp\/v2\/posts\/241\/revisions\/392"}],"wp:attachment":[{"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nybusinesslitigator.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}