Maryland’s Highest Court Confirms That Breach of Fiduciary Duty Exists As An Independent Cause of Action

Whether Maryland law recognizes an independent cause of action for breach of fiduciary duty has been an unsettled question.  As the Maryland Court of Appeals noted in its July 14, 2020 opinion in Plank v. Cherneski, “Maryland appellate courts have not spoken uniformly on this issue” and have “made seemingly inconsistent pronouncements.”   Consequently, “Litigants pick…

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