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In this Special Report: "The Third Ground: Renegotiating Office Leases Post-COVID," "Exchange of Enhancements for Concessions—Insights into the Modern Loan Workout," "The Complexities of 'Yellowstone' Injunctions in Disputes Over Rent," "Co-op and Condo Boards' Secret Litigation Weapon" and "Strange Times: Commercial Lease Disputes in the Pandemic Era."
June 23, 2020 at 01:04 PM
1 minute read
Co-op and Condo Boards’ Secret Litigation Weapon
Lawsuits from co-op and condominium unit owners opposing their boards’ conduct have become commonplace. The legal battles often entail costly and protracted litigation over contested factual issues and can plunge a the community into civil war. Fortunately, boards in New York have a little known but widely effective alternative for defending their conduct while averting communal fratricide.
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