E47: Fiduciary Duties with Dan Bitting
Summary
In this episode of 'Alt Investing Made Easy', hosts Sarah Florer and Roland Wiederaenders interview Dan Bitting, an attorney and shareholder at FBFK Law, discussing the intricacies of fiduciary duties in law, particularly in the context of alternative investing. The conversation explores various aspects of fiduciary responsibilities, the importance of disclosure, and the dynamics of litigation. Dan shares insights from his extensive experience in legal practice, emphasizing the need for trust in legal relationships and the creative problem-solving required in law. The episode also touches on the judicial system's effectiveness and the global perspectives on litigation.
About our Guest: Dan Bitting
Dan Bitting is a shareholder attorney at FBFK Law specializing in complex business litigation with particular emphasis on fiduciary duty claims, securities violations, and professional malpractice defense. With over three decades of trial and appellate experience in both state and federal courts, Dan has built a reputation for strategic litigation management and successful dispute resolution.
Connect with Dan on LinkedIn at: https://www.linkedin.com/in/dan-bitting-civil-trial-lawyer or email at: dbitting@fbfk.law
Takeaways
Fiduciary duties are essential in maintaining trust in legal relationships.
Disclosure is crucial; when in doubt, disclose.
Corporate officers owe fiduciary duties to the company, not directly to shareholders.
Juries often seek to right perceived wrongs in litigation.
Legal practice requires creativity and problem-solving skills.
Experience in law is gained through both successes and failures.
Most lawsuits settle before reaching trial, highlighting the importance of negotiation.
Trustees and beneficiaries must maintain a transparent relationship.
The judicial system provides a necessary avenue for dispute resolution.
Understanding fiduciary duties can prevent legal issues in business.
Chapters
00:00 Introduction to Alternative Investing and Legal Practice
02:26 Understanding Fiduciary Duties in Law
05:06 Fiduciary Duties in Corporate and Trust Contexts
07:42 Case Study: Camp Mystic and Fiduciary Responsibilities
10:20 The Importance of Disclosure in Legal Matters
12:37 Creative Problem Solving in Law
15:22 Personal Insights and Hobbies of Dan Bitting
19:10 Navigating Disclosure in Legal Contexts
21:23 Fiduciary Duties and Trust Building
24:15 Litigation: A Necessary Evil
27:52 The American Legal Landscape
31:15 Closing Thoughts and Reflections
Sponsored by:
Real Advisers, Austin, Texas
Real Advisers, Austin, Texas
Video and Podcast Production by:
Red Sun Creative, Austin, Texas: https://redsuncreative.studio
For more information: AltInvestingMadeEasy.com
Please contact us: info@AltIvestingMadeEasy.com
Roland Wiederanders: rolandw@fbfk.law
Sarah Florer: sflorer@fbfk.law
Disclaimers:
“This production is for educational purposes only and is not intended as investment or legal advice.”
“The hosts of this podcast practice law with the law firm, Ferguson Braswell Fraser Kubasta PC; however, the views expressed on this podcast are solely those of the hosts and their guests, and not those of Ferguson Braswell Fraser Kubasta PC.”
© 2025 AltInvestingMade Easy.com LLC All rights reserved
Creators and Guests

Host
Roland Wiederaenders
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate securities attorney with expertise in private investment funds, corporate/securities issues, mergers and acquisitions, partnership structuring, and federal income tax matters. Roland is also a member of Grable Martin PLLC.

Host
Sarah Florer
Co-founder of the Alt Investing Made Easy podcast, investment advisor, and corporate attorney with expertise in corporate finance and securities, structuring and restructuring, and commercial matters. Sarah is also a member of Grable Martin PLLC.

Producer
Anthony Carrano
Co-founder of the Alt Investing Made Easy podcast, fractional Chief Marketing Officer, entrepreneur, and Managing Partner at Dunamis Marketing.
