fiduciary shield doctrine

Definition of "fiduciary shield doctrine"
  1. A principle that prevents a state from applying personal jurisdiction over a nonresident defendant on an individual basis, if the defendant's actions that led to the lawsuit were executed while acting in a corporate agent or employee role
How to use "fiduciary shield doctrine" in a sentence
  1. The push to apply the fiduciary shield doctrine was declined by the court, as they deemed the individual's corporate and personal actions inseparable.
  2. In the lawsuit, the defense sought protection using the fiduciary shield doctrine, stating the defendant was acting as a corporate agent at the time of the incident.
  3. While the fiduciary shield doctrine often protects corporate employees from individual lawsuits, its application can sometimes be contested by courts depending on the circumstances.

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