Thomas Kearns Quoted in The Cooperator on Lawsuit Filed Against Condominium Board Members

Firm News

The Cooperator, a monthly newspaper covering cooperative and condominium issues, quotes Olshan Real Estate partner Thomas Kearns in an article on a lawsuit file by six residents of the St. Tropez against two board members of the association stemming from a rooftop façade collapse, which took place on December 7, 2015. Tom cautions against reading too much into the allegations at the St. Tropez. “As the only public document right now is the complaint, we only hear one side,” he warns. “The board will no doubt use the business judgment defense on the merits of the case. Thecomplaint itself merely seeks a special meeting of the unit owners. It's garden-variety corporate control litigation. Most condo and co-op charters permit a minority group – usually 25 percent – to call a special meeting."

Media Contact

Marketing Contact
Mizi Mehaj
Marketing & Administrative Manager

Jump to Page

Necessary Cookies

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.