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Decision of Note: <b>Legends President Owes SC Corp. No Fiduciary Duty</b>
The Supreme Court of South Carolina ruled that the president of the Nevada-based Legends In Concert owed no fiduciary duty to a corporation formed by an entrepreneur to raise the capital needed to produce a Legends musical in Myrtle Beach.
Bit Parts
Recent developments in entertainment law.
Sports Report
This occasional column will cover court rulings on sports-related issues of interest to the entertainment industry.
Cameo Clips
Recent cases in entertainment law.
Courthouse Steps
Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.
Counsel Concerns
Malicious Prosecution/Anti-SLAPP Motion
Cooperatives & Condominiums
Recent rulings you need to know.
Landlord & Tenant
Recent rulings of importance to you and your practice.
Development
The latest cases.
Is It a Condo or a Co-op?
Not long ago there was a movement afoot to turn co-ops into condominiums due to the supposed benefits they offered, including the lessened economic interdependence resulting from absence of any blanket mortgage or real estate tax lien. Although such transformations never gained traction, in recent years condominiums have become market darlings (accounting for nearly all new construction and conversions), most notably because of their perceived let-freedom-reign philosophy, particularly the ability of owners to buy, sell, and lease without board intervention. Yet such relative independence may soon be more illusory than real as condo boards seek to assume powers traditionally reserved for their co-op brethren, and unit owners find themselves lacking legal protections available to shareholders.

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