Unenforceable Fiduciary Duty Limitations | Attorney Aaron Hall

Unenforceable Fiduciary Duty Limitations

Why Drafting Partnership Agreements Limiting the Duty To Disclose and Partnership Opportunity Is More Precarious after Triple Five of Minnesota, Inc. v. Simon

Table of Contents

1. Introduction

2. Statutory Limitations on Partners’ Fiduciary Duties

3. The Triple Five v. Simon Case

4. Courts’ Interpretation of Fiduciary Duty Limitations & Waivers

5. Ribstein’s Criticisms of the Triple Five v. Simon Decision

6. The Significance of Triple Five v. Simon for Partnership Law in Minnesota