Résultat 1 ressource
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Corporation characterized by members' freedom from liability for corporate debts, and partnership, characterized by inter se relations of mutual confidence and good faith, are polar types. Over the ages a host of hybrid types has evolved between those polar types. In the incorporated partnership--the final stage of that evolution--partnership and corporation coalesce. American and German law recognize the personal fiduciary character of corporate partners' inter se relations for the purpose of enforcing fiduciary duties. Anomalously, English company law recognizes that character under the statutory just and equitable winding-up provision but not for the purpose of enforcing fiduciary duties. A case may therefore be made for recognizing fiduciary duties between corporate partners.