Boston Children's Heart Foundation, Inc. v. Nadal-Ginard

How courts have described this case

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

• stating the “baseline proposition that a court can require a corporate officer, director, or trust agent or employee to forfeit the right to retain or receive his or her compensation for conduct in violation of his or her fiduciary duties”
• where application of statutory rate would result in windfall, imposing interest rate tied to United States Treasury bill rates did not prejudice either party
• good faith requires a corporate officer to disclose fully and honestly any material information relevant to a self-interested transaction so that a disinterested decision maker may exercise informed judgment
• court did not err in refusing to award statutory twelve per cent prejudgment interest rate and awarding instead market interest rate based on United States treasury bills
• fiduciary of non-profit corporation liable for interest corporation would have earned on misappropriated funds
• must show transaction inherently fair to corporation

Source: CourtListener parenthetical corpus (CC0).