A petition to annul the board's decision will be denied if the decision was made in furtherance of a legitimate corporate purpose and was not arbitrary and capricious or an abuse of discretion, pursuant to CPLR 7803[3]. In addition, absent bad faith or discrimination, the board's decision is protected by the business judgment rule.
Matter of McCabe v. 511 W. 232nd Owners Corp., NY Slip Op 01592 (1st Dep't March 23, 2023)
