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English
Oxford University Press Inc
27 December 2010
In Fiduciary Law, Tamar Frankel examines the structure, principles, themes, and objectives of fiduciary law.

Fiduciaries, which include corporate managers, money managers, lawyers, and physicians among others, are entrusted with money or power.

Frankel explains how fiduciary law is designed to offer protection from abuse of this method of safekeeping.

She deals with fiduciaries in general, and identifies situations in which fiduciary law falls short of offering protection.

Frankel analyzes fiduciary debates, and argues that greater preventive measures are required.

She offers guidelines for determining the boundaries and substance of fiduciary law, and discusses how failure to enforce fiduciary law can contribute to failing financial and economic systems.

Frankel offers ideas and explanations for the courts, regulators, and legislatures, as well as the fiduciaries and entrustors.

She argues for strong legal protection against abuse of entrustment as a means of encouraging fiduciary services in society. Fiduciary Law can help lawyers and policy makers designing the future law and the systems that it protects.

By:  
Imprint:   Oxford University Press Inc
Country of Publication:   United States
Dimensions:   Height: 241mm,  Width: 161mm,  Spine: 23mm
Weight:   716g
ISBN:   9780195391565
ISBN 10:   019539156X
Pages:   334
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active
Introduction Chapter 1 The Nature of Fiduciary Relationships Introduction A. The Recurrent Elements of Fiduciary Relationships B. A Proposed Definition of Fiduciary Relationships C. Examples of Fiduciary Relationships and Their Boundaries D. How Do the Courts Recognize Fiduciary Relationships? E. The Dark Side of Fiduciary Relationships F. The Debate Chapter 2 Where Does Fiduciary Law Come From? Introduction A. The Laws of Hammurabi and Eshnunna B. The New Testament C. The Sharia Islamic Law D. Jewish Law E. Influence of Moral Themes and Religion F. Roman Law G. High Middle Ages H. Recent U.S. History I. The Debate Chapter 3 The Duties of Fiduciaries Introduction A. Fundamentals B. The Main Duties of Fiduciaries C. The Duty of Loyalty D. Duties Implementing the Duty of Loyalty E. The Fiduciaries' Service-Contracts and Compensation F. The Debates G. When Should Fiduciaries Consider Public Interest? H. The Duty of Care I. Serving Entrustors Whose Interests Conflict J. Fiduciaries' Rights and Protections from the Entrustors' Claims K. Fiduciary Duties in Legislation Chapter 4 Default Rules in Fiduciary Law A. Introduction B. The Process of Releasing Fiduciaries from Their Duties under Fiduciary Rules C. The Nature of Consent and Surrogate Consenters D. Default Rules and Contracts E. The Debate Chapter 5 Why View Fiduciary Law as a Separate Category? A. Introduction B. Categories Matter C. Should Fiduciary Law Be Viewed as a Category? D. The Debate Chapter 6 The Courts' Regulation of Fiduciaries, Remedies and Procedures Introduction A. Courts' Use of Judicial Discretion B. Remedies Providing Relief on Violations of Fiduciary Duties C. Equitable Remedies D. Punitive Damages E. Dissolution of a Corporation F. Criminal Sanctions G. Standing to Sue and Procedural Issues. Common Law and Equity H. Liability of the Transferee of Entrusted Property Who Knew of the Entrustment I. Resulting Trusts Chapter 7 The Role of Fiduciary Law in Facilitating Entrustment and Trust A. The Nature and Role of Trust B. The Barriers to Abuse of Trust and Dishonesty C. The Debate Epilogue

Tamar Frankel is a Professor of Law at Boston University. Professor Frankel holds law degrees from the Jerusalem Classes, and LL.M and S.J.D. from Harvard Law School. She is an expert in the areas of fiduciary law, mutual funds, securitization, and corporate governance. She authored The Regulation of Money Managers (2d ed. 2001) (with Ann Taylor Schwing), Fiduciary Law (a teaching book) (2008), Trust and Honesty in the Real World (2007) (with Mark Fagan), Trust and Honesty: America's Business Culture at a Crossroad (2006), Securitization (2d ed. 2006), and about 70 articles on related subjects. She was a visiting scholar at the Securities and Exchange Commission (1995-1997) and at the Brookings Institution (1987). Professor Frankel has taught and lectured in Japan, India, Malaysia, Oxford U.K. and Switzerland. A native of Israel, she served in the Israeli Air Force. She is a member of the Massachusetts Bar, a life member of the American Law Institute, and a member of the board of editors of Regulation and Governance.

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