by Debra Guzov | Guzov's Good Advice, Real Estate Legality
The business judgment rule, adopted from commercial law, permits co-op and condo boards to make decisions without the fear of judicial inquiry. In the 1990 case Levandusky v. One Fifth Ave. Corp. the court held “[i]t is well settled that the business judgment rule...
by Debra Guzov | Finance and Securities
“Profit” by 401(k) 2012, licensed by CC Attribution Share Alike 2.0 Generic. On Tuesday, April 18th, the Supreme Court heard argument in Kokesh v. SEC regarding whether the Securities and Exchange Commission (SEC) should be permitted to order defendants to...