The past 12 months has been the year unit owners and shareholders have found cooperative and condominium board of director’s kryptonite at the appellate courts. For years, the courts of New York have been rubber stamping board decisions under the shield of the business judgment rule. Whether it be the persuasive facts in this year’s crop of cooperative and condominium cases or a change in policy, the appellate courts have been enforcing the corporate documents and determining whether boards have been acting in good faith and with the proper authority and piercing the shield of the business judgment rule. Read the article……….
Owners at the Regency Gardens Condominiums got notices saying their board plans to pass a…
The aftermath from the multi-day barricade in Henderson remains. The face of the townhome where…
The Arizona Court of Appeals on Tuesday rejected a lawsuit filed by debt collectors and…
Buckley says the condo association was developed with private infrastructure and the maintenance of roadways…
The Netstrata insurance scandal rocked the strata management industry in NSW but that’s just the…
"We started the energy modernization of the house back in 19. At that time, we…