Building-Collapse Suits May Have To Target Board Members
Building-Collapse Suits May Have to Target Individual Board Members; Individual Board Members Have a Fiduciary Duty to Take Reasonable Care Q2 2021 hedge fund letters, conferences and more Suing The Individual Board Members Of The Condo AssociationWASHINGTON, D.C. (July 29. 2021) - Although plaintiffs’ lawyers say it would take about $1 billion to fairly compensate all the victims of collapsed Champlain Towers building and their families, the limit on the insurance policies of the condo association is only about $50 million. Indeed, as an involved judge noted, the insurance “will obviously be ...