Does The Business Judgment Rule Protect Directors Who Violate Governing Documents?

In Palm Springs Villas II Homeowners Ass’n, Inc. v. Parth, 2016 Cal. App. LEXIS 485 (June 21, 2016), the Court of Appeal considered whether the business judgment rule is available to a director who violates the corporation’s governing documents.       Read the article………….


Related Articles

SB 15-177 Approved by Senate Committee (CO)

A Colorado Senate committee voted last late night to forward SB 15-177 to the full Senate with four approved minor

New 2014 (FL) Legislation affecting condominium associations

A 54-page bill affecting condominium, cooperative and homeowners’ associations passed the 2014 Legislative session in Tallahassee and was signed by

How Should Vacation Rentals Be Taxed? Missouri Lawmakers Hear From Stakeholders

The explosive growth and expansion of transient guest nightly rentals at the Lake has been good for homeowners and vacationers.