Fiduciary shield doctrine

Definition of Fiduciary shield doctrine

Equitable doctrine which holds that actions taken by individual defendants solely in their capacity as corporate officers could not provide the basis for the exercise of jurisdiction over their persons, absent circumstances making such exercise appropriate. This doctrine confers jurisdictional immunity upon corporate officials, even though their conduct be tortious as long as the actions taken were in the interests of the corporation and not purely personal and the corporation is not merely a shell for the individual and does not lack sufficient assets to respond. Totalplan Corp. of America v. Lure Camera Ltd., D.C.N.Y., 613 F.Supp. 451, 457.

That's the definition of Fiduciary shield doctrine in Black's Law Dictionary 6th Edition. Courtesy of

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