HABITAT
Sleeping with the Enemy: Why That Won't Help If You're Suing the Board
Written by Frank Lovece on August 15, 2014
Just when you think you've heard every claim a New York City shareholder can make against a co-op board, along comes a shareholder who makes an allegation so out of left field, it's not even from the Yankees' or the Mets' left field but from the left field of, I dunno, Dodgers Stadium in Los Angeles.
The claim? That a co-op employee owed him a fiduciary duty to take his side in a dispute ... because they were sleeping together.
Board Talk
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!