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· 4/21/1964

Point Trap Company v. Manchester

Citations

  • 199 A.2d 592
  • 98 R.I. 49

How courts have described this case

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

  • holding that “where one standing in a fiduciary relationship deals with himself by purchasing from or selling to the trust, the transaction does not acquire validity because the price is fair”
  • applying the principle of trusts to the corporate fiduciary context

Source: CourtListener parenthetical corpus (CC0).

Judges: Condon, Roberts, Powers, Joslin

Read full opinion on CourtListener

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.