Association directors are unpaid volunteers serving their neighbors – so is it fair that they could be sued for their volunteer work? The Business Judgment Rule is the first thing any director should ...
The business judgment rule protects directors from personal liability if the board errs, and courts have repeatedly given wide deference to HOA decisions made within the rule. However, its protections ...
In today's business world, corporate directors are involved in many complicated decisions and, for the most part, if a decision (and the board's decision-making process) is adequate, even if ...