Tennessee-Louisiana Oil Company v. Cain

Being of the opinion that a fiduciary relationship was established between Cain and Tennessee-Louisiana Oil Company, I cannot agree with the majority opinion, and file this dissent.

All emphasis herein supplied, when not otherwise stated is that of the writer of this opinion.

The Plan of Reorganization entered into between Fifteen Oil Company and Tennessee-Louisiana Oil Company provided in Art. 1.1 that Fifteen agrees to transfer to Company (Tennessee-Louisiana Oil Company) all of its assets and properties save and except Fifteen’s corporate charter, by-laws, stock books and corporate seal and…