The Board is considering a default of a shareholder's proprietary lease due to violations of both the House Rules and PL related to noise. From what I understand this is a rare practice by coops. The shareholders have not been able to work the issue among themselves and, in fact, the offending shareholders have rebuked and insulted Board members and management who attempted to mediate and resolve the matter. We have documentation and testimony who can verify the excessive noise.
Does anyone have any experience related to defaulting a shareholder's PL? Was it successful?
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