October 9, 2026

Fiduciary relationships

Practice point:  There is a fiduciary relationship between two persons when one of them is under a duty to act for or to give advice for the benefit of another upon matters within the scope of the relation.

Application:  The parties' personal relationship alone does not give rise to a fiduciary relationship.

Goldberg vs. Torim, NY Slip Op 05721 (1st Dep't October 6, 2026)

Here is the decision.