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Legal
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Condo Lawsuits – Defend or Settle
Author:
Toronto Condo News
Publication date:
April 24, 2020
Article Summary:
The article "Condo Lawsuits: Defend or Settle?" on the To Condo News website discusses the decision-making process that condo boards and property managers must go through when deciding whether to defend or settle a lawsuit filed against the condo corporation. The article emphasizes the importance of seeking legal advice and weighing the costs and benefits of each option before making a decision. The article also discusses the potential risks and benefits of each approach, including the impact on the condo's insurance premiums and the potential reputational damage that may occur if a lawsuit is not successfully defended. Ultimately, the article emphasizes that each case is unique and requires careful consideration of the specific circumstances involved.
Keywords:
Condo lawsuits, defend, settle, condo board, property managers, legal advice, costs, benefits, insurance premiums, reputational damage, unique circumstances.
Source Citation:
Toronto Condo News
Condo Lawsuits – Defend or Settle
April 24, 2020
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