What is the cause of the escalation in oil prices. I have heard it is a supply and demand issue. So is it that demand from emerging markets has increased that much to cause such an increase?...
the liberals hate wallmart i think i love wallmart everything is so affordible and fair its actually my favorite store peroid
Plus wallmart imploys the mentally handicap god bless you wallmart!...
I have had my job for 15 months, and I like the company that I work for. Last year, my department wasn't invited to the Christmas party but I couldn't do anything about it because I was the ...
I've never sent and recieved money by PAY PAL because the idea of using a credit card and/or debit card is risky.
There are computers viruses such as Trojans, malware etc.
They can be ...
Guards. If one accomodates guests with small children one has special responsibilities. Warnings should be posted - not to leave the Children alone.
Is this just one more outfit that is doing ...
We elected a new President for our condo and he fired the property management company and hired a second one . Within days he fired the second one and hired a third property management company. He shouted at a member of the board and she resigned. He went to lower the maintenance fee and signed a resolution to do so with 3 out of 4 of the directors agree and then one director withdrew his signature and now we have no "majority vote ' to lower the maintenance. The director who withdrew his signature from the resolution wrote a 3 page note to eachof the owners and placed it in the doors letting us know how "lunatic . aggressive and out of control " the president is . We now have a "no just cause lawsuit" on our hands because the 1st property management company thought they would sue us for $200,000 because our President did not "warn them of the termination of contract.Some say ...let the Pres pay it himself.Should we do that???? .
UNELECT him---how much longer can your group afford what he is doing.
mussorandy
People don't seem to understand corporation formation. The first thing you do is get a copy of your by-laws and in there will be a provision to call for a "Special Meeting" and they will also spell out the rules for firing his butt. It will probably be 2/3 vote and the pres will not be allowed to vote. You see, the President is an "Employee" if he's a member (if your a LLC) he's still an employee. You can fire him any time you want. But he can still be a member and be on the board. Read your by-laws that's what their for. As far as the lawsuit? Fire the president first then get a lawyer. The 1st management company may or may not have a case, that's a matter of contract law. The by laws will also tell you if the other member can withdraw his signature after a vote. Chances are he can't
Star
The very first thing you need to do is obtain legal counsel. This guy sounds like the type of person that will sue if you try to remove him. You can almost always find some type of free consultation so that you can discuss the case with an attorney before deciding if you want them to take the case. You also need to get the condo association together to make sure you are all in agreement on this guys behavior, perhaps it is a misconception on one person's part and rumor???? Just a thought since this guys actions seem so very outrageous.
Good luck, no one needs someone so unstable controlling the fate of their cash or home.
Zelda Hunter
Yes if you can do it. Did you get another President yet?
Smilin' Fred
I think your Board should consult its Legal Advisor sooner than later.
!!!!!!!!!!!!!!!
i think that if he was going to make a type of decision that could impact you guys so much then maybe he should just pay for it. it doesn't actually seem like he cares about what's best for you guys-just for himself. although you guys did elect him....can he be impeached?
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