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Business Organizations Law

Case Western Reserve University School of Law

2001

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Full-Text Articles in Law

Gap Fillers And Fiduciary Duties In Strategic Alliances, George W. Dent Jan 2001

Gap Fillers And Fiduciary Duties In Strategic Alliances, George W. Dent

Faculty Publications

This Article describes the evolution of strategic alliances and their dependence on trust between the allies. It then discusses the general theory of gap fillers and fiduciary duties and the inevitability of major gaps in strategic alliance contracts. Finally, it combines these elements to derive conclusions about the proper role of gap fillers and fiduciary duties in strategic alliances.