Peterson v. Continental Boiler Works, Inc.

How courts have described this case

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

• stating, “The general rule is that punitive damages may not be recovered in breach of contract actions”; noting exceptions for situations where the breaching party’s conduct amounts to an independent tort or is coupled with violations of fiduciary duty
• “[T]he failure to distinguish between contractual obligations that arise by virtue of the agreement and fiduciary duties that arise as a result of the [plaintiffs’] status as shareholders permeates the [plaintiffs’] analysis of this case.”

Source: CourtListener parenthetical corpus (CC0).