We have received a number of COVID-19 related inquiries from cooperative and condominium boards asking about how to deal with annual shareholder and unit owner meetings that their bylaws state should be held in the next few months. There are a number of options: The simplest, most straightforward option is to postpone holding the meeting until conditions improve and “social distancing” is no longer an issue. The NY Business Corporation Law contemplates that a corporation may fail to hold an annual meeting when required under its bylaws, and provides that, except in very special circumstances, doing so is without consequence…. Read more
Tag: coronavirus
Coronavirus: Can Georgia Government Officials Order An Individual Quarantined for Public Health Reasons?
At the end of February 2020, Georgia Governor Brian Kemp issued an executive order establishing a Coronavirus Task Force, comprised of subject-matter experts from the private and public sectors, to assess Georgia’s procedures for preventing, identifying, and addressing cases of the coronavirus (COVID-19). A few days later, in early March 2020, Governor Kemp confirmed that there were two confirmed cases of COVID-19 in Fulton County, Georgia. These cases involve two individuals who reside in the same household, one of which recently returned from Italy. In a press conference held on March 9, 2020, Governor Kemp stated there were six confirmed… Read more