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Stark & Stark Shareholder Presents to the New York Association of Realty Managers

Stephen M. Lasser, a Partner in Stark & Stark's Condominium and Co-op group, was one of six speakers on a panel of distinguished lawyers and insurance professionals during the morning session of the Ethics Day Seminar sponsored by the New York Association of Realty Managers (NYARM) held July 22, 2009.  Over 60 property managers and real estate professionals attended Mr. Lasser's portion of this educational program held at Tavern on the Green in Manhattan.

Mr. Lasser and the other panelists discussed legal and ethical issues property managers and boards face concerning Directors and Officers (D & O) liability and insurance coverage.  Topics covered during this round table discussion included the amounts and types of D & O insurance coverage available, typical claims such as discrimination claims and practical and legal solutions to common pitfalls faced by property managers and boards.  Mr. Lasser discussed the NY Business Judgment Rule and how it protects property managers and boards in addition to D & O insurance.  After the presentations, there were discussions with the audience the panelists and an extensive question and answer session at the end of the seminar, which was followed by more informal discussions at a coffee and cocktail reception immediately after.

Full post as published by New Jersey Law Blog on July 31, 2009 (boomark / email).