Vacinek v. First National Bank of Pine City

How courts have described this case

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

• explaining that fiduciary relationships are characterized by two attributes: “superiority of knowledge of one party and confidence reposed by the other”
• bank has no duty to disclose debtor’s mortgage to debtor’s potential private lenders, even when lenders are longtime customers of bank
• bank has no duty to disclose debtor's mortgage to debtor's potential private lenders, even when lenders are longtime customers of bank
• fact that private lender was a longtime customer of a mortgagee bank is insufficient by itself to establish a fiduciary relationship
• fact that private lender was a longtime customer of a mortgagee bank is insufficient by itself to establish a fiduciary relationship

Source: CourtListener parenthetical corpus (CC0).