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DRUCKER v. MIGE ASSOCS. II

225 A.D.2d 427 (1996)

639 N.Y.S.2d 365

Ronald J. Drucker et al., Appellants-Respondents, v. Mige Associates II et al., Defendants, and Jon C. Meadow, Respondent-Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

March 21, 1996

A partner has a fiduciary obligation to the other partners (Birnbaum v Birnbaum, 73 N.Y.2d 461, 465). As the Court of Appeals stated therein, "it is elemental that a fiduciary owes a duty of undivided and undiluted loyalty to those whose interests the fiduciary is to protect (e.g., Meinhard v Salmon [249 NY], supra, at 463-464; Matter of Rothko,

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