For arbitrators, drafting a reasoned award after a difficult commercial/construction proceeding can be particularly painful. Steve Lesser and Jonathan Silver’s latest Dispute Resolution Journal entry offers a detailed roadmap to creating an unassailable reasoned award. From understanding the legal standards that can greenlight a challenge to embracing the scope and […]
Most condominium unit owners may think that limited common elements are those areas outside the condominium unit that are part of the common elements, but which are used only by a specific unit owner. However, the Florida Condominium Act defines “limited common elements” as “those common elements which are reserved […]
Q: How can a condominium “material change” be approved? Who approves it, the board or the property owners? If several items are being altered, must each item be listed separately or can it be a single vote lumped together as one? (A.J., via e-mail) A: The voting required for material […]
The problems small companies have in obtaining growth capital are well known. The resources of founders and family and friends are typically limited. Venture capital (VC) and private equity (PE) firms are a resource for only a few such companies. Angels can sometimes provide limited funding but again only for […]
Q: I live in a condominium and there are several disruptive annual renters. There are six different sections but only one board. Each section is governed by their own declaration of condominium. Can one section approve an amendment to their declaration banning rentals even while other sections still allow rentals? […]
