Commonwealth v. Mowatt

How courts have described this case

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

• holding that partners in a business enterprise owe to one another the highest duty of loyalty; they stand in a relationship of trust and confidence to each other and are bound by standards of good conduct and square dealing
• finding “no support in the record for a finding that the parties intended that the partnership would continue after the corporation was organized”
• “when partners organize a corporation to operate the business of the partnership and transfer the assets to the corporation, . . . such action usually reflects the express will of the parties that the partnership be dissolved”
• “The substantive law of partnership applies to joint ventures as well as partnerships,” and “[p]artners as well as joint venturers are fiduciaries with respect to each other and owe to each other the 17 highest duty of loyalty.”

Source: CourtListener parenthetical corpus (CC0).