Law firm didn’t breach fiduciary duty in land deal

By Lauraann Wood Law Bulletin staff writer

Posted August 12, 2016 2:39 PM

A law firm representing a bank in a foreclosure case had no fiduciary duty to the foreclosing property owner when it recorded two deeds for the bank over the owner’s objection, a state appeals panel ruled.Plaintiff Dickens 123 LLC sued the firm, Faegre, Baker, Daniels LLP, after the firm filed paperwork to transfer ownership of two Northwest Side properties to its client, Wheaton Bank & Trust Co., without Dickens’ authority.Dickens alleged the firm breached a fiduciary relationship established between the …

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