The well known “business judgment rule” gives a cooperative’s Board of Directors wide discretion in how to administer the building it oversees. Many Boards, however, mistake this for an even broader mandate to do whatever they wish. When a family that owned a penthouse apartment in a coop came to Adam Leitman Bailey, P.C., they Full Article…
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Adam Leitman Bailey, P.C. Lifts the Cloud Over Client’s Title
Adam Leitman Bailey, P.C. vindicated the ownership rights of a Housing Corporation in two of its residences. After pressing suit in New York Supreme Court, setting forth compelling facts and evidence and seeking injunctive and substantial monetary relief for the owner, Defendant was forced to capitulate, withdrawing his spurious claims over title. A former tenant Full Article…
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