Gilbert O'Callighan v. Anderson
Supreme Court of New Jersey
1Opinion of the Court
Where one partner, who was the manager of the business, purchased the interest of the other partners, it was his duty to make full disclosure of the condition of the business in every way essential to an adequate knowledge on the part of the other partners as to what they were selling. On bill for injunction. Heard on return of order to show cause.
Complainants and defendant bore to each other a trust relationship as partners, and when defendant purchased the interest of complainants in the partnership business it was his duty, as a partner and manager of the business purchased, to make a full…
2Cited by6 opinions
- Walter v. Holiday Inns, Inc.Court of Appeals for the Third Circuit · 1993
- Konsuvo v. NetzkeNew Jersey Superior Court Appellate Division · 1966
- Bowne v. WindsorNew Jersey Court of Chancery · 1930
- Heller v. Hartz Mountain IndustriesNew Jersey Superior Court Appellate Division · 1993
- Aronhime v. LevinsonSupreme Court of Virginia · 1916
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