What is the test for the possession of pertinent information by an agent of a corporation?

"New York", United States of America

The following excerpt is from Corrigan v. Bobbs-Merrill Co., 126 N.E. 260, 228 N.Y. 58 (N.Y. 1920):

To bring about this result two things must concur, viz., the possession by the agent of pertinent information and his personal participation in respect thereto on behalf [228 N.Y. 70]of his corporation. Willard v. Denise, 50 N. J. Eq. 482, 484, 26 Atl. 29, 30 (36 Am. St. Rep. 788).

Other Questions


Does a diversion of assigned account receivable checks from a debtor corporation to another corporation controlled by the debtor corporation constitute concealment of assets? (MultiRegion, United States of America)
In what circumstances will a defendant not only be convicted but convicted of drug possession, but of possessing and possessing heroin, not having any authority or control of the drugs? (MultiRegion, United States of America)
Undercover operations in which the agent is an invited informer, in what circumstances will the agent not be able to conduct a search under the Fourth Amendment? (MultiRegion, United States of America)
Does a husband's possession of furniture and other household goods constitute common possession of a wife's common possession? ("New York", United States of America)
Is a shareholder of a corporation entitled to use of the corporation's corporate property for personal use purposes? (Canada (Federal), Canada)
Does an informant who has a history of being an informant have to be considered a government agent? (MultiRegion, United States of America)
Is a waiver to supersede personal information superseding personal information enforceable? (MultiRegion, United States of America)
Is it a fiduciary duty of a publicly held corporation to provide shareholders with an accurate and complete record of how the corporation is spending its assets? (MultiRegion, United States of America)
Does an independent corroboration of an informant's information contribute to the discovery of a stash house? (MultiRegion, United States of America)
What is the legal test for "knowing possession" of information that is not disclosed to the public? (MultiRegion, United States of America)
X



Alexi white


"The most advanced legal research software ever built."

Trusted by top litigators from across North America.