Legal Opinion
Kal W. Lines v. Falstaff Brewing Co.
Court of Appeals for the Ninth Circuit
Decided June 15, 1956No. 14821PublishedCited by 28 opinions
1Opinion of the Court
LEMMON, Circuit Judge.
In one of the finest passages in judicial literature, Chief Judge Cardozo of the New York Court of Appeals —later Associate Justice of the United States Supreme Court—laid down the high standards that should be demanded of a trustee:
“Many forms of conduct permissible in a workaday world for those acting at arm’s length, are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals of the market place. Not honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior. As to this there has…
2Cases cited16 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Meinhard v. SalmonNew York Court of Appeals · 1928
- Langnes v. GreenSupreme Court of the United States · 1931
- Delno v. Market St. Ry. Co.Court of Appeals for the Ninth Circuit · 1942
- Morris Plan Industrial Bank v. HendersonCourt of Appeals for the Second Circuit · 1942
11 more not listed; retrieve them via the Exa API.
3Cited by28 opinions
- Gottlieb v. BarryCourt of Appeals for the Tenth Circuit · 1994
- John Costello, Trustee in Bankruptcy of Leonard Plumbing and Heating J. A. Fazio and Lawrence C. Ambrose v. J. A. Fazio and Lawrence C. AmbroseCourt of Appeals for the Ninth Circuit · 1958
- In Re Bubble Up Delaware, Inc., a Delaware Corporation, Debtor. Irving Sulmeyer and Arnold Kupetz, Co-Trustees v. United StatesCourt of Appeals for the Ninth Circuit · 1982
- Potucek v. Cordeleria LourdesCourt of Appeals for the Tenth Circuit · 1962
- Milliken Research Corporation v. Dan River, Inc.Court of Appeals for the Federal Circuit · 1984
23 more not listed; retrieve them via the Exa API.