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Original Message:
Re: Manhattan Club Lawsuit (by Paul D.):
My understanding of long-standing NY law is that a Board of Directors, regardless of their appointing/electing process, have a "Fiduciary Duty" of unbiased support for the best interests of all members (owners) of their association/company. Violation of that duty can subject the defaulting Board member to personal liability/damages. I suggest this be explored with the class action lawyers & that the Board then be carefully reminded of their Fiduciary role (& exposure) at the annual meeting. Maybe that will shake up a majority of the Board to effect operating changes to meet the Owners' repeated problems with reserving time for their purchased times. Paul D. Pearson, Owner # 32350