I. P. Homeowners, Inc. v. Radtke

How courts have described this case

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

• ruling that member of close corporation formed to purchase certain real property breached fiduciary duty by usurping corporation's opportunity to purchase the property
• holding that stockholders in close corporation owed fiduciary duty to corporation
• holding that \`[i]t would be anomalous to permit the usurping partner to hide behind protestations of financial inability in light of the fact that the partner often has substantial control over such circumstances'\
• noting that § 45-104 “allows for interest on certain contractual obligations,” but does not provide for interest on property held in constructive trust

Source: CourtListener parenthetical corpus (CC0).