From the Boardroom to the Courtroom: Spotting and Stopping Fiduciary Breaches

Janel Dressen
Janel Dressen
Anthony Ostlund Louwagie Dressen Boylan P.A.

Janel Dressen serves as CEO and is a shareholder at the Minneapolis litigation boutique Anthony Ostlund Louwagie Dressen & Boylan P.A. With twenty-four years of business litigation and trial experience, Janel represents business owners and companies in all types of complex business disputes and bet-the-company cases, including disputes involving fiduciary duty claims both on the plaintiff and defense side of matters.

Cory D. Olson
Cory D. Olson
Anthony Ostlund Louwagie Dressen Boylan P.A.

Cory Olson is a shareholder at Anthony Ostlund where his litigation and trial practice focuses on securities arbitration, fraud, disputes between business owners, and shareholder litigation.

Live Video-Broadcast: May 23, 2025

2 hour CLE

Tuition: $195.00
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Program Summary

In this course, we will talk about where fiduciary duties arise, what they entail, and what happens when they are breached. You will hear from two trial lawyers from Anthony Ostlund in Minneapolis, Minnesota who have been in the trenches for decades witnessing first-hand fiduciary disputes.

Key topics to be discussed:

  • What a fiduciary relationship is, and what it means for the fiduciary
  • The most common instances where fiduciary relationships arise
  • Core fiduciary duties (loyalty, care, disclosure, good faith)
  • Common breaches of fiduciary duties, and the signs a duty was breached
  • Managing conflicts of interest
  • The Business Judgment Rule and role of Special Litigation Committees
  • Investment prudence
  • Legal consequences, remedies and resolutions
  • Practical tips to avoid finding yourself or your clients in hot water fiduciary duty disputes

Date / Time: May 23, 2025

  • 1:00 pm – 3:10 pm Eastern
  • 12:00 pm – 2:10 pm Central
  • 11:00 am – 1:10 pm Mountain
  • 10:00 am – 12:10 pm Pacific

Closed-captioning available

Speakers

Janel Dressen_myLawCLEJanel Dressen | Anthony Ostlund Louwagie Dressen Boylan P.A.

Janel Dressen serves as CEO and is a shareholder at the Minneapolis litigation boutique Anthony Ostlund Louwagie Dressen & Boylan P.A. With twenty-four years of business litigation and trial experience, Janel represents business owners and companies in all types of complex business disputes and bet-the-company cases, including disputes involving fiduciary duty claims both on the plaintiff and defense side of matters. She is most often called-upon to resolve shareholder, ownership, and business valuation disputes among business owners and/or family members. She serves on the American Bar Association Business Divorce, ADR and Business Committees (2019–present) and has been a member of the executive team on the Minnesota State Bar Association Civil Litigation Council including serving as Chair from 2022-2023. Janel is a highly regarded speaker and routinely called upon by numerous organizations to present and share her knowledge on various topics impacting her practice areas.

She is a co–author of chapters in the Ongoing Businesses and Minnesota LLCs Deskbooks published by Minnesota CLE, and a co–contributor to the American Bar Association’s Business Divorce Litigation chapter. In 2021, Janel was chosen by the firm’s leaders as only the second Chief Executive Officer of Anthony Ostlund, making her the first woman to lead the firm. Janel has been named a Minnesota Attorney of the Year (2017), has repeatedly been named to the Top 100 Lawyers and Top 50 Women lawyers by Minnesota Super Lawyer, The Power 30 in Business Litigation by Minnesota Lawyer, a Notable Woman in Law by Twin Cities Business Magazine and recognized as a Best Lawyer in America since 2018. In 2024, Janel was named as Top Woman in Law, and her law firm, Anthony Ostlund, was identified by as one of the Best Women-Led Law Firms by Minnesota Lawyer.

 

Speaker_Cory D. Olson_myLawCLECory D. Olson| Anthony Ostlund Louwagie Dressen Boylan P.A.

Cory Olson is a shareholder at Anthony Ostlund where his litigation and trial practice focuses on securities arbitration, fraud, disputes between business owners, and shareholder litigation.

Agenda

I. What a fiduciary relationship is, and what it means for the fiduciary | 1:00pm – 1:20pm

II. The most common instances where fiduciary relationships arise | 1:20pm – 1:35pm

III. Core fiduciary duties (loyalty, care, disclosure, good faith) | 1:35pm – 1:50pm

IV. Common breaches of fiduciary duties, and the signs a duty was breached | 1:50pm – 2:00pm

Break | 2:00pm – 2:10pm

V. Managing conflicts of interest | 2:10pm – 2:25pm

VI. The Business Judgment Rule and role of Special Litigation Committees | 2:25pm – 2:40pm

VII. Investment prudence | 2:40pm – 2:50pm

VIII. Legal consequences, remedies and resolutions | 2:50pm – 3:00pm

IX. Practical tips to avoid finding yourself or your clients in hot water fiduciary duty disputes | 3:00pm – 3:10pm

Credits

Alaska

Approved for CLE Credits
2 General

Our programs are CLE-eligible through Alaska’s recognition of multi-jurisdictional reciprocity.
Alabama

Approved for CLE Credits
2 General

Arkansas

Approved for CLE Credits
2 General

Arizona

Approved for CLE Credits
2 General

California

Approved for CLE Credits
2 General

Colorado

Pending CLE Approval
2 General

Connecticut

Approved for CLE Credits
2 General

District of Columbia

No MCLE Required
2 CLE Hour(s)

Delaware

Pending CLE Approval
2 General

Florida

Approved via Attorney Submission
2.5 General Hours

Receive CLE credit in Florida via attorney submission.
Georgia

Pending CLE Approval
2 General

Hawaii

Approved for CLE Credits
2.4 General

Iowa

Pending CLE Approval
2 General

Idaho

Pending CLE Approval
2 General

Illinois

Approved for CLE Credits
2 General

Indiana

Pending CLE Approval
2 General

Kansas

Pending CLE Approval
2 Substantive

Kentucky

Pending CLE Approval
2 General

Louisiana

Pending CLE Approval
2 General

Massachusetts

No MCLE Required
2 CLE Hour(s)

Maryland

No MCLE Required
2 CLE Hour(s)

Maine

Pending CLE Approval
2 General

Michigan

No MCLE Required
2 CLE Hour(s)

Minnesota

Pending CLE Approval
2 General

Missouri

Approved for CLE Credits
2.4 General

Mississippi

Pending CLE Approval
2 General

Montana

Pending CLE Approval
2 General

North Carolina

Pending CLE Approval
2 General

North Dakota

Approved for CLE Credits
2 General

Our programs are CLE-eligible through North Dakota’s recognition of multi-jurisdictional reciprocity. Section 1, Policy 1.14
Nebraska

Pending CLE Approval
2 General

myLawCLE reports attendance to Nebraska on each attorney’s behalf for all programs. Please do not self-report.
New Hampshire

Approved for CLE Credits
120 General

As of July 1, 2014, the NHMCLE Board no longer provides pre- or post-approval of courses. Attendees must self-determine whether a program is eligible for credit, and self-report their attendance online at www.nhbar.org, based on qualification provisions of Rule 53.
New Jersey

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New Jersey’s recognition of multi-jurisdictional reciprocity, except for the courses required under BCLE Reg. 201:2
New Mexico

Approved for CLE Credits
2 General

Nevada

Approved for CLE Credits
2 General

New York

Approved for CLE Credits
2.4 General

Our programs are CLE-eligible through New York’s Approved Jurisdiction Group “B”.
Ohio

Pending CLE Approval
2 General

Oklahoma

Pending CLE Approval
2.5 General

Oregon

Pending CLE Approval
2 General

Pennsylvania

Approved for CLE Credits
2 General

Rhode Island

Pending CLE Approval
2.5 General

South Carolina

Pending CLE Approval
2 General

South Dakota

No MCLE Required
2 CLE Hour(s)

Tennessee

Pending CLE Approval
2 General

Texas

Approved for CLE Credits
2 General

Utah

Pending CLE Approval
2 General

Virginia

Not Eligible
2 General Hours

Vermont

Approved for CLE Credits
2 General

Washington

Approved via Attorney Submission
2 Law & Legal hours

Receive CLE credit in Washignton via attorney submission.
Wisconsin

Pending CLE Approval
2.4 General

West Virginia

Pending CLE Approval
2.4 General

Wyoming

Pending CLE Approval
2 General

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