BG is working remotely during the COVID-19 crisis – read our update here

Peterson, Davidson, and Goljan Secure Dismissal of Several Claims by Shareholders

Tracy Peterson, Manu Davidson, and Joseph Goljan successfully secured dismissal of several claims asserted by two co-op shareholders against a co-op, its board of directors, and individually-named board members. In a lawsuit commenced in New York County Supreme Court, husband and wife co-op shareholders alleged unreasonable delay in the board’s approval of their alteration application for a newly-purchased co-op unit. The Court granted the motion to dismiss ten of the shareholders’ thirteen causes of action, dismissing all claims against the individually-named Board members, as well as the claims seeking equitable relief, punitive damages and damaged for negligence.

Click here to read the full decision.