Legal Opinion
Nichols v. Minnick
Indiana Supreme Court
Decided April 29, 2008No. 53S01-0711-CV-515PublishedCited by 19 opinions
1Opinion of the Court
BOEHM, Justice.
We hold that a broker who breaches his fiduciary duty to disclose material information to his client loses his right to receive a commission for his services.
Facts and Procedural History
In 1998, Bedford Hideaway Lounge, Inc. (“BHL”) owned and operated the Hideaway Lounge, “a gentleman’s club and bar” in Bedford, Indiana. In the spring of 1998, Tonda Beth Nichols, the owner of BHL, encountered some health problems and engaged real estate broker Rex David Minnick to sell BHL. In her initial meeting with Minnick, Nichols stated that she wanted $300,000 for BHL. At a second…
2Cases cited11 opinions
- Yanoff v. MuncyIndiana Supreme Court · 1997
- Sille v. ShafferSupreme Court of Iowa · 1980
- Owen v. SheltonSupreme Court of Virginia · 1981
- Moore & Co. v. T-A-L-L, Inc.Supreme Court of Colorado · 1990
- Ziswasser v. Cole & Cowan, Inc.California Court of Appeal · 1985
6 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Woodruff v. Indiana Family & Social Services AdministrationIndiana Supreme Court · 2012
- Demming v. UnderwoodIndiana Court of Appeals · 2011
- Marion County Auditor v. Sawmill Creek, LLCIndiana Supreme Court · 2012
- Johnson v. WysockiIndiana Supreme Court · 2013
- Roberts v. Community Hospitals of Indiana, Inc.Indiana Supreme Court · 2008
14 more not listed; retrieve them via the Exa API.