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Boston Condominium Association Prevails on Summary Judgment Based on Business Judgment Rule Concerning Insurance Shortfall (MA)

/ Owner - December 21, 2022

A recent summary judgment decision issued by the Suffolk Superior Court has endorsed the employment of the business judgment rule in assessing the decisions of a condominium association concerning the amount of insurance maintained. In Joseph Cimino v. Lynn Ornstedt et al., Suffolk Superior Court Civil Action No. 1984CV01991, the Court allowed the condominium association’s motion for summary judgment, dismissing the plaintiff unit owner’s claims for breach of fiduciary duty and negligence.    Read the article………………………..

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