Ben Riemer, commercial litigation partner at Bell Nunnally. Courtesy photo Conspiracy to Breach Fiduciary Duty: Recent Caselaw Boldy Explores the Outer Reaches of the 'Punctilio'
Texas courts have long struggled to define precisely what fiduciary duty entails.
September 07, 2023 at 02:55 PM
5 minute read
Commercial Litigation
In March 1937, G.E. Turner, an employee of Kinzbach Tool Co., walked into the office of E.B. Corbett, president of the Corbett-Wallace Corporation. The secret meeting had been arranged by Corbett. The Texas Supreme Court would go on to hold that during that meeting, and in the events that followed, Corbett knowingly participated in Turner's breach of fiduciary duty to his employer. Kinzbach Tool Co. v. Corbett-Wallace Corp., 160 S.W.2d 509 (1942).
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