Condo Owners Forum

"It's about community. It's about bringing people together. It's about creativity and service. It's about making the community in which we live a really good place to be." - In Miscellaneous Quotes, by Andy Stoll

Home COFSAB Forum Condo Owners Forum Q&A Director Liability Reply To: Director Liability

  • Terry

    Administrator
    May 21, 2022 at 8:17 am

    I believe every case would have to be looked at from the situation’s specifics, and it would not surprise me if the decision could be in a grey area – e.g. one lawyer could disagree with another. In my experience, the D&O insurance may not cover some cases, even where an officer of the board based their behaviour on the advice of a professional.

    Please spread the word!
Verified by MonsterInsights