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Cooperatives & Condominiums
Shareholder Statements
Hollywood Owners Corp. v. Rivera
NYLJ 12/30/16, p. 24, col. 1 AppDiv, Second Dept. (memorandum opinion)
In an action for defamation brought by a co-op board and its managing agent against co-op shareholders, the board and managing agent appealed from Supreme Court's order dismissing the complaint and ordering that any counsel fees the board and agent had paid to their attorneys should be turned over to the shareholders' counsel and held in escrow. The Appellate Division modified to delete the turnover provisions, but otherwise affirmed, holding that the statements allegedly made were matters of opinion that could not serve as the basis for a defamation claim.
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