A state judge has declined to dismiss a challenge to the Cuomo administration’s 2013 regulations that prohibit state funds from underwriting salaries of executives at private healthcare providers who make more than $199,000 a year.
Albany Supreme Court Justice George Ceresia Jr. (See Profile) found that plaintiffs sufficiently showed that the state regulations may violate provisions of the business corporation and the limited liability company laws. Those statutes give private companies power to “hire and fix compensation for officers, directors and employees,” Ceresia noted.
