Levandusky v. One Fifth Avenue Apartment Corp.
New York Court of Appeals
1Opinion of the Court
*533OPINION OF THE COURT
Kaye, J.
This appeal by a residential cooperative corporation concerning apartment renovations by one of its proprietary lessees, factually centers on a two-inch steam riser and three air conditioners, but fundamentally presents the legal question of what standard of review should apply when a board of directors of a cooperative corporation seeks to enforce a matter of building policy against a tenant-shareholder. We conclude that the business judgment rule furnishes the correct standard of review.
In the main, the parties agree that the operative events transpired as…
2Cases cited11 opinions
- Auerbach v. BennettNew York Court of Appeals · 1979
- Akpan v. KochNew York Court of Appeals · 1990
- Pollitz v. . Wabash R.R. Co.New York Court of Appeals · 1912
- Schoninger v. Yardarm Beach Homeowners' Ass'nAppellate Division of the Supreme Court of the State of New York · 1987
- Papalexiou v. Tower West CondominiumNew Jersey Superior Court Appellate Division · 1979
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3Cited by318 opinions
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- Security Plans, Inc. v. Cuna Mutual Insurance SocietyCourt of Appeals for the Second Circuit · 2014
- Lamden v. La Jolla Shores Clubdominium Homeowners Ass'nCalifornia Supreme Court · 1999
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