01-27-2015, 01:18 PM
Just to clarify one point, hppwatchdog:
If the court finds in favor of the terminated employees and finds that civil or criminal laws were broken in the process, the insurance underwriter has the right to refuse to pay for any legal expenses incurred by the defendants and any damages awarded to the plaintiffs.
In that case, the legal expenses and awards assessed to the Association (as a defendant) will come out of the "members' money".
Those damages assessed to the individual Directors will come out of their pockets.
If the court finds in favor of the terminated employees and finds that civil or criminal laws were broken in the process, the insurance underwriter has the right to refuse to pay for any legal expenses incurred by the defendants and any damages awarded to the plaintiffs.
In that case, the legal expenses and awards assessed to the Association (as a defendant) will come out of the "members' money".
Those damages assessed to the individual Directors will come out of their pockets.