New York Court of Appeals
Jay B. Birnbaum v. Saul I. Birnbaum, Appellant-Respondent Ilene L. Flaum v. Saul I. Birnbaum, Appellant-Respondent…
May 9, 198973 N.Y.2d 461
Summary
The Court held that a fiduciary may not charge compensation owed to his spouse to partnership property without full disclosure and consent of the other owners, affirming the trial court's judgment and rejecting the Appellate Division's reversal.