Monthly Archives: July 2012

Coop and Condo Board Members Beware

It is about to become a lot harder to convince Unit Owners to serve on the boards of their building. Subsequent to a ruling handed down on July 3, 2012 in Fletcher v. The Dakota, boards can be held liable and sued personally for the building’s tortuous misdeeds.  The discrimination lawsuit was initiated last year, by [...]

By | 2012-07-20T18:41:18+00:00 July 20th, 2012|

Kickbacks? What Kickbacks?

The U.S. Court of Appeals for the Second Circuit dismissed a complaint alleging an illegal industry-wide practice of kickbacks in the title insurance business. Plaintiffs who sought to win damages under the anti-kickback provision of the federal Real Estate Settlement Procedures Act. The NYLJ reported on the Court's decision that the Complaint offered nothing more [...]

By | 2012-07-09T14:57:18+00:00 July 9th, 2012|