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Most lawyers have read and likely briefed the staple cases that helped to shape American fiduciary law. In the business law and partnership context, it is difficult to imagine a more well-known case than
Meinhard v. Salmon.
The famous New York opinion, written by Justice Cardozo, helped define the fiduciary duties that partners owe to one another and to the partnership. Although it has been nearly a century since Cardozo issued what has now become one of the most widely cited business law opinions in the U.S., the opinion continues to be relevant in modern-day partnership disputes.