X-Nico

unusual facts about fiduciary duties



Walter J. Salmon, Sr.

Of importance in the business world, Meinhard v. Salmon, 164 N.E. 545 (N.Y. 1928), is a widely cited case in which the New York Court of Appeals held that partners in a business owe fiduciary duties to one another where a business opportunities arises during the course of the partnership.

XEmacs

while the XEmacs developers have argued that the lack of copyright assignment has allowed major companies to get involved, as sometimes companies can license their code but due to a cautious attitude concerning fiduciary duties to shareholders, companies may have trouble in getting permission to assign away code completely.


see also

David Tweed

In March 2011, Justice White of the Supreme Court of New South Wales found that fund manager Perpetual Limited was justified in double-checking with shareholders before processing transfers, part of its fiduciary duties as the responsible entity.

Rukmini Sukarno

In March 1986, she was convicted by a court in New York City of failing her fiduciary duties in brokering a deal between Pemex, Mexico's national oil company, and the Nissho-Iwai American Corporation.