A religious corporation can change its mind about moving forward with a contract to sell real property if the sale would not promote the corporation’s purpose or the interests of its members, Manhattan Supreme Court Justice Lawrence Marks has held.
The Commercial Division judge’s May 28 decision in Guberman v. Congregation Ahavath Chesed, 653177/2011, dismissed a complaint brought against an Upper West Side synagogue after it agreed in writing to sell its premises for nearly $4 million, then terminated the contract when its membership opposed the transaction.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
