Damages for Breach of Fiduciary Duty - Transcript
So damages in a breach of contract case may be specified by contract so the contract can say under which you get liquidated damages or the way damages will be calculated or it may omit to say those things but when you have a contract with someone you can specify our attorney’s fees collectible or not so on breach of contract you’d look to the contract first and if the contract is silent you’d look at common law in statutory cases of where there’s a fiduciary you have to look at each statute that you’re bringing the case under to see whether it provides for things like attorneys fees interest costs well-managed theories of Damages or other theories of net out-of-pocket losses things like that.