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Administrative and Skelly Hearings - Research Paper Example

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The author examines the case of Tzolis v. Wolff where the imminent issue is whether the judges in the lower courts were right to deny the plaintiffs right to file a lawsuit; a right that would see them defend a company, something that those in control of the Pennington Property Co. LLC failed to do…
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Administrative and Skelly Hearings
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Download file to see previous pages According to the book by Carter and Christine, skelly hearings, are always set to help in protecting some of the rights of employees in an organization. This hearing is believed to be based on justice and should favor both the alleged employee and the employer (Lens, 2009). Actually, some of the people whose presence is considered in this hearing according to the “Administrative Law and Politics” novel are some of the top officials of an employee’s workplace. An example is how the various shareholders carry out their laws of governance.
The shareholders of the Pennington Property Company LLC, which owned the Manhattan apartment building, brought an action on behalf of the company against their management regarding the lease and consequential sale of the organization property at price considered to be below the market value (Lens, 2009). Those in charge of the company decided to lease one of the crucial assets of the company and later sell at an amount considered to be below the property’s market value. The plaintiffs who owned 25% of the company felt aggrieved by this move by the directors and they decided to take action and took the matter to the New York Supreme Court seeking a declaration by the judge that the sale, as well as the lease, were void and unauthorized, therefore, should be immediately terminated.
The property in question was the company’s principal asset and as such, the shareholders expected the directors to act with due diligence and care when handling the issues related to the property. According to the shareholders, their cause of action was motivated by the fact the company directors did not seek their ratification for the second leasing of the property and above all consequent sale of the property below the market price was illegal and unconscionable. ...Download file to see next pagesRead More
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