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Yes, Boards Can Get Personal & Are Wrong To Do So

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Terrel L. Shields

Elite Member
Gold Supporting Member
Joined
May 2, 2002
Professional Status
Certified General Appraiser
State
Arkansas
http://therealdeal.com/2016/11/01/j...-to-pay-mitchell-maxwell-jacksons-legal-fees/

The New York Department of State has been ordered to pay more than $115,000 in attorneys fees to the real estate appraisal firm Mitchell Maxwell & Jackson over a botched investigation by the former Secretary of State into allegedly phony appraisal documents that maimed the once-dominant company.

Meanwhile, Mitchell Maxwell & Jackson co-founders Steven Knobel and Jeffrey Jackson are pushing forward in a separate legal matter seeking $10 million in damages.

Knobel, who said he’s still waiting on the state to provide the investigator’s report that he believes will help make his case for damages, said the ruling on attorneys fees is encouraging.
This is(was)a big firm. Can you afford $115,000 in legal fees and loss of a big chunk of business?
 
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