Board of Managers of Weathersfield Condominium Ass'n v. Schaumburg Ltd. Partnership

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that, because board members owe a fiduciary duty to the members of the association, they must act in a manner reasonably related to the exercise of that duty and the failure to do so will result in liability not only for the board, but for the individual members as well
• noting that, because board members owe a fiduciary duty to the members of the association, they must act in a manner reasonably related to the exercise of that duty and the failure to do so will result in liability not only for the board, but for the individual members as well
• developer of condominiums allegedly failed to maintain adequate reserves for repairs and to disclose the status of the reserve account
• developer of condominium had fiduciary duty to adequately fund owners association for maintenance/repair of common areas
• developer of condominiums allegedly failed to maintain adequate reserves for repairs and to disclose the status of the reserve account
• “What constitutes ‘reasonable reserves’ *** should be determined by the trier of fact.”

Source: CourtListener parenthetical corpus (CC0).