Legal Opinion

In Re Tufts Electronics, Inc., Tufts Radio & Electronics, Inc., Debtor. Charles D. Martin v. Richard G. Kagan

Court of Appeals for the First Circuit

Decided October 11, 1984No. 84-1359PublishedCited by 23 opinions

1Opinion of the Court

COFFIN, Circuit Judge.

Appellant Martin appeals from a judgment of the district court affirming the imposition of a constructive trust on property he owned in Hudson, New Hampshire. The district court concluded that appellant, as sole owner, president and director of the debtor corporation, breached his fiduciary duty to the corporation when he utilized corporate funds to purchase the New Hampshire property for himself rather than on behalf of the debtor. We disagree, concluding that a perfectly valid legal principle lacks the necessary predicate for its proper application in this case.

Martin…

2Cases cited8 opinions

  1. Durfee v. Durfee & Canning, Inc.Massachusetts Supreme Judicial Court · 1948
  2. Winchell v. Plywood Corp.Massachusetts Supreme Judicial Court · 1949
  3. Production MacHine Co. v. HoweMassachusetts Supreme Judicial Court · 1951
  4. M. McDonough Corp. v. ConnollyMassachusetts Supreme Judicial Court · 1943
  5. Hays v. Georgian Inc.Massachusetts Supreme Judicial Court · 1932

3 more not listed; retrieve them via the Exa API.

3Cited by23 opinions

  1. Demoulas v. Demoulas Super Markets, Inc.Massachusetts Supreme Judicial Court · 1997
  2. Voest-Alpine Trading USA Corp. v. Vantage Steel Corp.Court of Appeals for the Third Circuit · 1990
  3. In Re Doctors Hospital of Hyde Park, Inc., Debtor-Appellee. Appeal of Lasalle Bank National Association, as TrusteeCourt of Appeals for the Seventh Circuit · 2007
  4. Heinz Wartski v. Terence W. Bedford, (Two Cases) Heinz Wartski v. Terence W. BedfordCourt of Appeals for the First Circuit · 1991
  5. Haseotes v. Cumberland Farms, Inc.Court of Appeals for the First Circuit · 2002

18 more not listed; retrieve them via the Exa API.

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