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Under New Jersey law, an association’s Board of Trustees has a fiduciary obligation to its members similar to that of a corporate board to its shareholders. See Kim v. Flagship Condo.. ....
Under New Jersey law, an association’s Board of Trustees has a fiduciary obligation to its members similar to that of a corporate board to its shareholders. See Kim v. Flagship Condo. Owners Ass’n, 327 N.J. Super. 544, 550, App. Div. 2000. ....
Condominiums and lots at a large recreational community in Gladwin County are limited to “residential purposes only” under the development’s covenants and restrictions, a Court of Appeals panel has held in a published decision, reversing a lower court ruling in favor of the property owners. ....
Connecticut adheres to the doctrine of stare decisis; once an issue has been adjudicated by the Connecticut Supreme Court – the highest state court – the decision controls precedent on all lower courts. ....