More details to this question:
In business purchase, learnt that dual broker is playing tactics and avoiding conversation of price negotiation. Instead coercing us to close the deal end of this year as is. Is it a breach of fiduciary duty as dual agent in CA
1 ANSWER
Business Transactions Attorney serving Los Angeles, CA
at
Doland & Fraade
Update Your Profile
Breach of fiduciary duty, in addition to being a rather complex legal concept, very often turns on the facts. Whle representing both parties to a transaction has great risks in this regard, the retainer/engagement with the broker usually has very specfic language permitting it legally. then the representation and any breaches would be "fact specific".
Answered on Dec 25th, 2012 at 11:42 AM