Alleco Financial Services v. Schor

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• finding fraudster's wife liable for unjust enrichment where she benefited from the underlying scheme despite not personally participating
• finding the plaintiff’s “complete confidence and reliance” in the defendant to be sufficient to create a fiduciary duty under state law
• finding plaintiffs established unjust enrichment claim at trial where defendant’s actions caused plaintiffs to pay artificially inflated prices
• “When considering an unjust enrichment claim, a court’s ‘essential inquiry’ is one of ‘equity and good conscience.’”
• experienced rare coin investor owed a fiduciary duty to his “extremely close friend[],” who placed “complete trust and confidence” in the investor to “facilitate[e]... coin purchases for [his] best interest”

Source: CourtListener parenthetical corpus (CC0).