Pacelli Bros. Transportation, Inc. v. Pacelli

How courts have described this case

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

• explaining that, 20 “[f]or the purpose of the statute of limitations, an action upon the subject of a counterclaim is deemed to have begun when it is filed”
• \The intentional withholding of information for the purpose of inducing action has been regarded ... as equivalent to a fraudulent misrepresentation.\
• a “general release cannot shield an officer or director who has failed in his fiduciary duty to disclose information relevant to a transaction with those whose confidence he has abused”
• director of corporation, as fiduciary to both corporation and shareholders, ‘‘is bound to use the utmost good faith and fair dealing in all his relationships with the corporation’’ (internal quotation marks omitted)
• officers and directors occupy a fiduciary relationship to the corporation and its stockholders
• “An officer and director occupies a fiduciary relationship to the corporation.... He occupies a position of the highest trust and therefore he is bound to use the utmost good faith and fair dealing in all his relationships with the corporation.”

Source: CourtListener parenthetical corpus (CC0).