Knott, et al. v. Boone - Breach of Fiduciary Duties / Fees
Represented horse syndicate members in breach of fiduciary duties dispute with syndicate manager. The syndicate manager charged late fees on the member's account that exceeded Kentucky usury law. The late fees were removed as in violation of usury laws and the Court of Appeals further determined that the syndicate manager owed a fiduciary duty to keep accurate accounts.