Gain an understanding of why your board must act reasonably when it comes to the business judgment rule.
Community association board of directors have many responsibilities, including making decisions that affect the members of the community. When disputes arise and a lawsuit occurs, the business judgment rule is there to support the board ... as long as they didn't infringe on their fiduciary duty. This white paper reviews the application of the business judgment rule to community associations and why the board of directors should always confer with an attorney prior to taking action in a dispute.
Agenda
Faculty
Hans C. Wahl, Esq.
Cobb & Gonzalez, P.A.
- Attorney with Jimerson Birr, P.A.
- Main area of practice is creditors’ rights and commercial collections
- Assists both small businesses and large corporations in protecting their legal, financial and contractual rights, specifically handling delinquent accounts and collections
- Member of numerous professional organizations
- Frequently speaks and writes on collections and bankruptcy issues
- J.D. degree, magna cum laude, Florida Coastal School of Law; B.S. degree in business finance and business management, University of Florida
- Can be contacted at 904-389-0050 or [email protected]
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