Afiduciary relationship occurs when one party places trust and confidence in another party to in good faith carry out the obligations owed to the first party. New York case
Content-Licensing Payment Dispute Turns On Existence of Fiduciary Relationship
A recent New York federal court decision in a dispute between a broker that sublicenses program content and a broadcaster that sublicensed content from the broker considered the interaction of contract language and extra-contractual elements of the parties' relationship to determine whether a fiduciary relationship existed.

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