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Diamond v. Oreamuno

Citations

  • 24 N.Y.2d 494
  • 248 N.E.2d 910
  • 301 N.Y.S.2d 78
  • 1969 N.Y. LEXIS 1267

How courts have described this case

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

  • discussing New York law intended to remedy “the same sort of ‘abuse of a fiduciary relationship’ as is condemned by” § 16(b)
  • noting absence of an adequate federal remedy in justifying its embrace of Brophy
  • relying on Brophy in holding that there may be an insider trading claim
  • a corporate fiduciary entrusted with information may not appropriate that asset for his own use even if he causes no injury to the corporation
  • A fiduciary “is not free to exploit that knowledge or information for his own personal benefit.”
  • “The primary source of the law [of corporations] ever remains that of the State which created the corporation.”

Source: CourtListener parenthetical corpus (CC0).

Judges: Fuld

Read full opinion on CourtListener

Cited by

124 cases in this archive cite this case; the 20 most cited are listed.

Cites

5 cases in this archive are cited by this case.

Other cases named Diamond v. Oreamuno

1 other CourtListener record shares this case name.

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.