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5th Circuit Court Holds That A Defendant Did Not Owe A Fiduciary Duty To An Affiliate s Licensee

Advertisement Court Holds That A Defendant Did Not Owe A Fiduciary Duty To An Affiliate’s Licensee Because Its In-House Attorneys Did Not Have An Attorney/Client Relationship To The Plaintiff And There Was No Informal Confidential Relationship Sunday, February 28, 2021 In  Belliveau v. Barco, Inc., a licensor of intellectual property sued the owner of the licensee for breach of fiduciary duty related to the sublicensing to a third party. No. 19-50717, 2021 U.S. App. LEXIS 2489 (5th Cir. January 28, 2021). The district court dismissed the claim, and the plaintiff appealed. The court of appeals affirmed, holding that the defendant did not owe a fiduciary duty to the plaintiff.

Most PPP Aid In Georgia Went To Big, Not Small Businesses, Data Show

Primary Content Caption More than half the funds received by Georgia companies as part of the Paycheck Protection Program meant to support small businesses during the pandemic went to large companies, according to newly released data from the U.S. Small Business Administration. Credit: fca.gov More than half the funds received by Georgia companies as part of a federal loan program meant to support small businesses during the pandemic went to large companies that received loans of $3 million or more, according to newly released datafrom the U.S. Small Business Administration. An analysis by the Georgia News Lab found that just 5% of the nearly 170,000 Georgia companies that received loans as part of the Paycheck Protection Program got 54% of the $14.4 billion of funds provided to the state, totaling about $7.8 billion. The loans went to a wide range of industries, from technology companies and real estate firms to independent restaurants and beauty salons.  

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