A New York City Department of Corrections vehicle in April 2020. Photo: John Minchillo/AP Not-for-Profit Corps. Need 5 Percent Membership to Sue: Appeals Court
The Appellate Division, Second Department said group of active and retired Corrections Officers had no standing to sue the Corrections Officer Benevolent Association in a derivative action against labor unions organized as "not-for-profit" corporations.
March 09, 2023 at 04:42 PM
3 minute read
An intermediate New York appeals court on Wednesday ruled that a group of active and retired Corrections Officers had no standing to sue the Corrections Officer Benevolent Association, its board, or its law firm Koehler & Isaacs for derivative actions relating to the investment of union money.
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