''Beatty v. Guggenheim Exploration Co.'' (1919) 225 NY 380 is a
New York state law case, concerning the test for the imposition of a constructive trust. It is best known for a quote from the leading opinion by
Justice Cardozo
Benjamin Nathan Cardozo (May 24, 1870 – July 9, 1938) was an American lawyer and jurist who served on the New York Court of Appeals from 1914 to 1932 and as an Associate Justice of the Supreme Court of the United States from 1932 until his deat ...
.
[(1919) 225 NY 380, 386]
Facts
Judgment
Cardozo J gave the following judgment.
Hiscock Ch J, Chase J, Collin J and Crane J concurred.
Cuddeback J and Hogan J dissented, favouring a new trial.
See also
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US trusts law
United States trust law is the body of law regulating the legal instrument for holding wealth known as a trust.
Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004 ...
*
English trusts law
English trust law concerns the protection of assets, usually when they are held by one party for another's benefit. Trusts were a creation of the English law of property and obligations, and share a subsequent history with countries across the ...
*''
Meinhard v. Salmon
''Meinhard v. Salmon'', 164 N.E. 545 (N.Y. 1928), is a widely cited case in which the New York Court of Appeals held that partners in a business owe fiduciary duties to one another where a business opportunity arises during the course of the pa ...
'', 164 N.E. 545 (N.Y. 1928)
Notes
{{Reflist, 2
References
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1919 in United States case law
New York (state) state case law
United States trusts case law
1919 in New York (state)