What is the burden of a fiduciary to render an accounting on a client's assets?
MultiRegion, United States of America
The following excerpt is from Andrews Farms v. Calcot, Ltd., 527 F.Supp.2d 1239 (E.D. Cal. 2007):
accounted for. Otto v. Niles, 106 F.3d 1456, 1462 (9th Cir.1997) (basic principles of the law of fiduciaries place the burden to render an accounting on the fiduciary once the principle has shown that funds have been entrusted to the fiduciary and not paid over.)
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