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Fiduciary Duties Business Partners Have to Each Other

Business partners have duties to other partners within the partnership. This may seem obvious, but the scope of these duties has been developed over many years in California.   In general, the fiduciary duties that one partner owes to another partner are best described as the duty of loyalty and care. Duty of Loyalty A partners duty of loyalty involves many things.   It includes, but is not limited to the following duties: The duty to account to the partnership The duty to act as a trustee for any partnership property, profit or other benefit of the partnership The duty to refrain from maintaining an interest adverse to the partnership The duty to not compete with the partnership Duty of Care A partner’s duty of care is different

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Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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Avvo Clients’ Choice Award Recipient

Zachary Schorr Avvo Client's Choice Award