THOMPSON, J., delivered the opinion of the Court. MELVIN, J., dissents and files a dissenting opinion at page 389 infra.
In this case we are concerned with the duty of a general partner to give notice to limited partners concerning a business opportunity.
I The Law
Justice Benjamin N. Cardozo, while the Chief Judge of the Court of Appeals of New York set out the standard in his usually eloquent manner when he said in Meinhard v. Salmon...
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