Friday, March 23, 2012

Monin v. Monin case brief

Monin v. Monin (Ky.App.1989)

-In milk hauling partnership between brothers, one brother [Sonny] expressed
intention to dissolve partnership. At the same time, he bid for the milk contract until
then held by the partnership. The partners held a private auction and the other partner
[Charles] purchased the partnership’s assets. Nonetheless, Sonny received the milk
contract.

-Court ruled that Sonny had violated his fiduciary duty to partnership by not
withdrawing his application for the hauling contract formerly held by the partnership.
Both Page and Monin have a close relationship with Meinhart and Salmon.

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