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It risks approaching self-dealing and could be ripe for litigation over fiduciary responsibility.
The court decision noted that the Lapiduses had threatened to sue any shareholder who voted to evict them, but after the board advised the shareholders that the co-op would assume responsibility for any judgments resulting from such litigation, 98percentt of the building's shares were voted in the board's favor.
It will take years of litigation to sort out responsibility for the multibillion-dollar charge.
Shootings are Russia's substitute for litigation.
It also provides more avenues for litigation.
An $11 million fund is for litigation.
This leaves open a great potential for litigation, he said.
There is also a creeping, American-style taste for litigation.
Much of structured finance is uncharted territory for litigation.
Various agents for litigation resembling procurators also became known.
"The report clearly could be substance for litigation".
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CEO of Professional Science Editing for Scientists @ prosciediting.com