Word: pieds
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Dates: during 2000-2009
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Both parties agree that under the agreement, the board that oversees the building would be composed of a majority of Pi Eta alumni for the first ten years. However, the parties disagree on many other details of the argeement...
According to Pi Eta’s understanding of the agreement as stated in its court filings, Pi Eta was given the option to dissolve the agreement at any point in the first decade. Sigma Chi disagrees and says that it was given “ownership interests” in the building because of its place on the board...
...However, Pi Eta says that the two groups were never able to develop “synergy” and the Pi Eta board members moved to end their relationship with Sigma Chi last fall...
Part of the dispute arose from capital improvements that Sigma Chi promised to make—while Pi Eta says that the improvements never rose to the promised level, Sigma Chi says it surpassed the expected level of work and investment...
...dispute over the building’s ownersip led the alumni board of Sigma Chi to file a lawsuit in Middlesex County Superior Court against the alumni board of Pi Eta this spring. Pi Eta’s alumni board followed up in May by filing a countersuit against Sigma Chi’s alumni board...