Changes to Condominium Act will help prevent fraud, but owners must still be vigilant
Wednesday, March 07, 2018 @ 9:19 AM | By Laura Glithero
Ongoing and pending litigation involving a Toronto condo corporation highlights the reason that reforms to the Condominium Act, 1998 were needed.
Condo owners at a Toronto highrise are suing several former board members for $800,000, including $100,000 in punitive damages. The individuals being sued include Darryl McGregor, Ray Blanchard, George Lazcko and Anastasia Mustafina. Controversy surrounded the elections that led to these individuals taking control of the condo corporations. The lawsuit contains allegations of dishonesty, vote-rigging and irregular proxies.
Once elected as directors, these individuals took control...
Condo owners at a Toronto highrise are suing several former board members for $800,000, including $100,000 in punitive damages. The individuals being sued include Darryl McGregor, Ray Blanchard, George Lazcko and Anastasia Mustafina. Controversy surrounded the elections that led to these individuals taking control of the condo corporations. The lawsuit contains allegations of dishonesty, vote-rigging and irregular proxies.
Once elected as directors, these individuals took control...
