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


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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. ....

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FinDec Announces New Ownership Led by Current CEO, Top Executives


FinDec Announces New Ownership Led by Current CEO, Top Executives
President and CEO Michael E. Lee to continue building legacy of long-time owners Fred and Nancy Lee
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 After more than three decades as owners of national financial advisory firm FinDec (
findec.com), Fred and Nancy Lee, whose firm advised so many clients preparing for retirement, are ready for their own. Effective January 2021, they finalized the sale of their business to a company owned by current President and CEO Michael E. Lee and lead FinDec executives.
Michael E. Lee, President and CEO of FinDec
The transition, years in the making, finalizes a vision FinDec executives have been working diligently on. It allows the company to continue to serve all of its clients in a seamless way while moving into new territory under the continued leadership of Michael E. Lee, a military veteran and business executive who has overseen years of consistent growth sin ....

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