Friday, March 23, 2012

Day v. Sidley & Austin case brief

Day v. Sidley & Austin (D.D.C. 1975)

FACTS
In this case, Sidley was merging with another firm. Plaintiff was a partner at Sidley
and chairman of the firm’s DC office. According to the plaintiff, the firm had
decided to appoint a co-chairman of the DC office without telling him. Without
knowing this fact, plaintiff had voted in favor of the merger.
There was no mention of a right to any position within the firm in the Partnership
Agreement.
Other partners had no fiduciary obligation to maintain plaintiff in his position as sole
chairman of the DC office.
Here, the partnership agreement seemed to work.

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