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Poole v. Camden County Health Serv. Center

Supreme Court of New Jersey
Nov 21, 2006
911 A.2d 70 (N.J. 2006)

Summary

In Poole v. Camden, 79 W. Va. 310, 92 S.E. 454, this Court said: "The relationship of a director to a stockholder in a corporation is not that of strict fiduciary capacity so as to preclude him as a matter of law from purchasing the shares of stock of such stockholder without incurring the penalty of having the sale set aside at the election of the stockholder, regardless of the facts and circumstances of the transaction."

Summary of this case from Bank v. Coal Corp.

Opinion

November 21, 2006.


Petitions for Certification Denied.


Summaries of

Poole v. Camden County Health Serv. Center

Supreme Court of New Jersey
Nov 21, 2006
911 A.2d 70 (N.J. 2006)

In Poole v. Camden, 79 W. Va. 310, 92 S.E. 454, this Court said: "The relationship of a director to a stockholder in a corporation is not that of strict fiduciary capacity so as to preclude him as a matter of law from purchasing the shares of stock of such stockholder without incurring the penalty of having the sale set aside at the election of the stockholder, regardless of the facts and circumstances of the transaction."

Summary of this case from Bank v. Coal Corp.
Case details for

Poole v. Camden County Health Serv. Center

Case Details

Full title:Poole v. Camden County Health Services Center

Court:Supreme Court of New Jersey

Date published: Nov 21, 2006

Citations

911 A.2d 70 (N.J. 2006)
188 N.J. 579

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