United States Third Circuit

Liability for breach of a fiduciary duty necessarily requires a finding of uncontroverted evidence of detrimental reliance, but does not require a showing that the fiduciary had actual knowledge that a particular beneficiary was about to be misled.

Appellate Information

• Argued 02/06/2001
• Decided 08/24/2001
• Published 08/24/2001

Judges

• STAPLETON, Circuit Judge:, Before:  BECKER, Chief Judge, AMBRO and STAPLETON, Circuit Judges.

Court

• United States Third Circuit

Counsel

• For Appellant:
  
• Steven B. Varick (Argued), McBride, Baker & Coles, Chicago, IL, Steven R. Weinstein, Dunetz Marcus, Livingston, NJ, Attorneys for Appellants.


• For Appellees:
  
• John M. Esposito (Argued), Cedar Grove, NJ, Attorneys for Appellee.