X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The two-year civil war that exposed bitter differences among partners in mega-broker Cantor Fitzgerald might be near an end after a ruling that the widow of CFLP’s founder and her nephew willfully violated the partnership agreement and engaged in unlawful competition against the bond broker.

On March 13, Vice Chancellor Myron T. Steele dealt a death-blow to Iris Cantor and Rodney Fisher’s attempts to peddle electronic trading software developed by a CFLP spin-off to CFLP competitors. Steele held that investors in Delaware limited partnerships such as Iris Cantor and Fisher can be subject to fiduciary duties like non-compete provisions if those duties are spelled out in the partnership agreement.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
Reprints & Licensing
Mentioned in a Law.com story?

License our industry-leading legal content to extend your thought leadership and build your brand.

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.