Lawsuits from cooperative shareholders and condominium unit-owners opposing their boards’ conduct have become commonplace. When confronted with such challenges to their authority, boards may, of course, defend their position on the merits, or they may seek legal vindication under the Business Judgment Rule. However, pitched legal battles of this nature tend to plunge a residential community into civil war and impede a board’s overall ability to manage building affairs. Read the article………………………………
Where a litigant is otherwise entitled to injunctive relief, the fact that a declaratory judgment…
A board member at a 10-unit Harlem co-op has a problem and a question. The…
The Snowmass Village planning commission will recommend against a request by several condominium associations to…
The Ocean Grove Camp Meeting Association, which governs much of life in a place that…
Each year, condominium associations work to obtain insurance at reasonable rates in an effort to…
Agroup of homes directly within feet of a New Jersey bay can now manage the…