Journal Business organizations

Personal Liability in Trustees of Empire State Carpenters et al. v. Rodrigue Student’s Name Institution of Affiliation Course Instructor Date Personal Liability in Trustees of Empire State Carpenters et al. v. Rodrigue Trustees of Empire State Carpenters et al. v. Rodrigue is a critical case that presents vital problems of the personal responsibility of fiduciaries in connection with the pension fund administration. Rodrigue, who was to ensure the pension contributions were made, was held personally liable for the unpaid contributions owing to his breach of fiduciary duties. The following reflection will, therefore, discuss why Rodrigue was made to suffer the consequences of the law, what measures he should have taken to avoid such a through, and what should have been done to prevent his legal liability. Court’s Finding of Personal Liability In Trustees of Empire State Carpenters et al. v. Rodrigue, the court held that Rodrigue was liable for unpaid pension contributions based on a breach of fiduciary duty. As a fiduciary, Rodrigue ensured that pension contributions were made on time and more to the point that the pension fund was managed correctly (Trustees of Empire State Carpenters et al. v. Rodrigue, 2024). His inability to perform this did not help, and his poor record-keeping and supervision led to unpaid contributions. He considered this compromise enough to attract personal legal and ethical duty of care violations that...