Croton River Club, Inc. v. Half Moon Bay Homeowners Ass'n (In re Croton River Club, Inc.)
Court of Appeals for the Second Circuit
1Opinion of the Court
WINTER, Circuit Judge:
Defendants appeal from Judge Goettel’s affirmance of two decisions by Bankruptcy Judge Schwartzberg. The first decision granted partial summary judgment to plaintiff-appellee on the ground that the allocation of a portion of the budget of a homeowners’ association to a marina was not protected by the business judgment rule. The second decision was entered after an evidentiary hearing and concluded that the allocation was unreasonable. The bankruptcy court then substituted a different allocation. We affirm, although we hold that the decision barring any change in the new…
2Cases cited7 opinions
- Pepper v. LittonSupreme Court of the United States · 1939
- Levandusky v. One Fifth Avenue Apartment Corp.New York Court of Appeals · 1990
- Alpert v. 28 Williams Street Corp.New York Court of Appeals · 1984
- Sage Realty Corp., Plaintiff-Appellee-Cross-Appellant v. Insurance Company of North America, Defendant-Appellant-Cross-AppelleeCourt of Appeals for the Second Circuit · 1994
- Lewis v. S. L. & E., Inc.Court of Appeals for the Second Circuit · 1980
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3Cited by8 opinions
- Limor v. Buerger (In Re Del-Met Corp.)United States Bankruptcy Court, M.D. Tennessee · 2005
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- Fox ex rel. Perry H. Koplik & Sons, Inc. v. Koplik (In re Perry H. Koplik & Sons, Inc.)United States Bankruptcy Court, S.D. New York · 2012
- In Re Croton River Club, Inc.Court of Appeals for the Second Circuit · 1995
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