31 views 33 sec 0 Comment

Co-op Board Is Rescued by the Trusty Business Judgment Rule (NY)

/ Owner - August 13, 2021

A common question facing cooperative and condominium boards is: repair or replace? Whether it’s a roof, a boiler or a facade, boards are often faced with this dilemma. One board’s decision on such a matter became the basis of recent litigation when a disgruntled shareholder in a New York City cooperative decided to take his displeasure with the board to court.  Read the entire article……………………………….

Comments are closed.