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<i>Levandusky</i> After 25 Years

The authors review 13 recent cases, dating from 2011 through 2015, that invoked the business judgment rule. The cases discussed show that the all-important <I>Levandusky</I> ruling is still widely applied to give deference to a broad range of board actions.

14 minute readFebruary 29, 2016 at 11:00 PM
By
Richard Siegler
Eva Talel
<i>Levandusky</i> After 25 Years

For over 25 years, the Court of Appeals' decision in Levandusky v. One Fifth Avenue Apartment Corp., 75 N.Y.2d 530 (1990) (affirmed in 40 West 67th Street v.

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