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AULD v. ESTRIDGE

86 Misc.2d 895 (1976)

David Auld, Plaintiff, v. Sidney M. Estridge, Defendant.

Supreme Court, Special Term, Nassau County.

March 26, 1976

Attorney(s) appearing for the Case

Cohn, Glickstein, Lurie, Ostrin & Lubell (Jonathan W. Lubell of counsel), and Lippe, Ruskin & Schlissel, P. C. (Richard Lippe of counsel), for plaintiff. Moses & Singer (Arnold A. Jaffe of counsel), for defendant.

BERTRAM HARNETT, J.

Implicit in the resolution of disputes between partners must be the special responsibilities partners bear to each other. In connection with their partnership affairs, they bear a fiduciary relationship to each other. This means in their intramural dealings they cannot fall back on the morals of the marketplace. (Meinhard v Salmon, 249 N.Y. 458, 463.) This means there is no place for...

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