WHAT HAPPENED: This case arises from a series of disputes concerning the governance, financial management, and compliance with bylaws of the 123-25 East 102nd Street Housing Development Fund Corporation (HDFC). Further, this action concerns the assault and harassment to shareholder-tenants of the HDFC. The plaintiffs, a group of shareholders, allege […]
Q: What advice can you offer to condominium associations on good financial practices and how to make the most of their budgets and reserves? (G.C., via e-mail) A: In my opinion, the most important key to success is a good “team,” which should have members who play particular roles. The […]
“‘Fiduciary Duty’ Explained” – News-Press
Q: Can you explain what “fiduciary duty” means for a condominium board member and managers? (M.S., via e-mail) A: Section 718.111 of the Florida Condominium Act explicitly states that officers and directors of the association have a fiduciary relationship with the unit owners in the condominium. The statute goes on […]
We are thrilled to announce Omar Franco and Clarence Williams have been recognized as a “Hired Gun” in The Hill’s list of 2025 Top Lobbyists. The list recognizes impactful advocates who stand out for the results they’ve delivered for their clients, companies, trade associations, and advocacy groups in the nation’s capital. Omar is […]
Final Push for Healthcare Policy in 2025 With the last scheduled session week of the year underway, the focus of Congress remains healthcare legislation. This week, the House will consider the Lower Health Care Premiums for All Americans Act ahead of the expiration of the Affordable Care Act (ACA) subsidies […]