...a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals...developed a tradition that is unbending and inveterate. Uncompromising rigidity has been the attitude of courts of equity when petitioned to undermine the...

...Mr. Justice Cardozo defined them when he said, in connection with fiduciaries, that they should be held "to something stricter than the morals of the market place. Not honesty alone, but the punctillio of an honor the most sensitive, is then the standard of behavior" (Meinhard v. Salmon, 249...

...a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals...developed a tradition that is unbending and inveterate. Uncompromising rigidity has been the attitude of courts of equity when petitioned to undermine the...

...a workaday world for those acting at arm's length, are forbidden to those bound by fiduciary ties. A trustee is held to something stricter than the morals of the market place. Or, to borrow the language of a recent United States Supreme Court opinion in Pepper v. Litton (308...

...world for those actinj at arm's length, are forbidden to those bound by fiduciary ties. A trustee ii held to something stricter than the morals of the market place. Not honest; alone, but the punctilio of an bonor the most sensitive, is then the standard o: behavior....

...Frankel, Fiduciary Law. 71 Cal. L. Rev. 795 (1983). 15 249 NY 458, 164 NE 545 (1928) (Cardozo, J.) ("Not honesty alone, but the punctilio of an honor...most sensitive, is then the standard of behavior.") 16 I Scott On Trusts § 2 (1988 ed.)719 - 8 law, for example, M[a] trust may be created for any purpose...

...1979). Frankel, Fiduciary Law. 71 Cal. L. Rev. 795 (1983). 249 NY 458, 164 NE 545 (1928) (Cardozo, J.) ("Not honesty alone, but the punctilio of an honor...most sensitive, is then the standard of behavior.") 16 I Scott On Trusts § 2 (1988 ed.) \ - 8 law, for example, "[a] trust may be created for any purpose...

...fiduciary obligations was articulated by Judge Cardozo in Meinhard v. Salmon. 249 NY 451, 464 (1928): A trustee is held to something stricter than the morals of the market place. Hot honesty alone, but the punctilio of an honor the most sensitive, is then the standard of behavior....

...The court held that it was a fiduciary duty, which 104 105 Cardozo proceeded to define as follows: "A trustee is held to something stricter than the...most sensitive, is then the standard of behavior." It is possible to object that these are just words, and florid ones at that. But they are memorable...

...morals of the marketplace Not honesty alone, but the punctilio of an honor the most senwtwe. is that standard of behavior As to this there has developed a tradition that is unbending ... only thus has the level of conduct for fiduciaries been kept at a level higher than trodden by...