Ingle v. Glamore Motor Sales, Inc

In Ingle v. Glamore Motor Sales, Inc., 73 N.Y.2d 183, 535 N.E.2d 1311, 538 N.Y.S.2d 771 (1989), Justice Bellacosa, writing for the majority, held as follows: The pleading here does not support the conclusion that respondents breached a fiduciary duty as corporate officers by dismissing an at-will employee and exercising an agreed-upon repurchase-upon-termination clause. 'There is no reason why an appeal to general fiduciary law should be used as a pretext for evading contractual obligations'.