Romer Debbas, LLP, a boutique law firm that specializes in all aspects of real estate and general practice, recently obtained a tremendous decision for its Condominium Board client in which a unit owner’s Article 78 Petition was denied due to the Business Judgment Rule. The firm’s experienced co-op and condo practice group represents many condominium boards throughout the city and protects them in litigations involving challenges to their decision-making authority.
In a thirteen page decision by Hon. Carol R. Edmead of the Supreme Court of the State of New York, the Court held that the Board’s denial of Petitioner’s alteration application for an impermissible combination of a residential and commercial unit was a decision made within its authority, and the decision was protected by the Business Judgment Rule and thus not subject to judicial interference.
The Court further held that there had been no finding that the Board failed to comply with the terms of the Governing Documents. Through the hard work of the firm’s co-op and condo practice group, the petition for relief was denied in its entirety and the petition was dismissed.
Led by Michael Romer and Pierre Debbas, Romer Debbas, LLP is a New York City-based law firm uniquely focused on commercial and residential real estate transactions, development projects and litigation, with clients in local, national and international markets. Their practice also extends to include Bankruptcy, Corporate and Business Law, Immigration, Litigation, Taxation, Trusts and Estates.
