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ALLOY v. WILLIS FAMILY TRUST

No. 00026, Sept. Term, 2006.

944 A.2d 1234 (2008)

179 Md. App. 255

Martin K. ALLOY, et al. v. The WILLS FAMILY TRUST.

Court of Special Appeals of Maryland.

March 31, 2008.

Attorney(s) appearing for the Case

Stephen A. Bogorad (Judith F. Bonilla, Holland & Knight, LLP, on the brief), Washington, DC (Steven B. Gould, Brown & Gould, LLP, on the brief), Bethesda, for appellant.

M. Roy Goldberg (Christopher M. Loveland, Sheppard, Mullin, Richter & Hampton, LLP, on the brief), Washington, DC (David C. Driscoll, Jr., Stein, Sperling, on the brief), Rockville, for appellee.

Panel: ADKINS, CHARLES E., MOYLAN, JR. (Retired, Specially Assigned), JOSEPH F. MURPHY, JR. JJ.

ADKINS, J.

After the smoke cleared in this courtroom battle between commercial real estate partners, general partners Martin K. Alloy and Fred Farshey,1 appellants and cross-appellees, owed limited partner The Wills Family Trust, appellee and cross-appellant, one dollar in nominal damages, for breaching their fiduciary duties by secretly acquiring and leasing competing warehouse properties. Neither...

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