24/07/13 – Jurisdiction British Columbia
Part 12 published on 01/11/05
Strata Council Members did not act honestly and in good faith
Part 12 published on 01/11/05
Strata Council Members did not act honestly and in good faith
The Strata Council Members had the Strata Corporation commence a lawsuit, and incur the resulting expenditure of approximately $200,000 in legal costs, without the required ¾ vote under the Strata Property Act. The lawsuit was part of a strategy to advance the interests of some, but not all, of the Strata owners. The Strata Council Members were acting in a conflict of interest, as they were part of the interested group.
The Strata Council members were found to have acted in bad faith. The Strata Council Members were ordered to repay to the Strata Corporation the legal fees of approximately $200,000.