May 16-31, 2007
Last Issue: May 1-15, 2007
Partner In Virtual Merger Is Not Liable
For Other’s Obligations When Deal Is Undone
Nonprofits signed intent to merge, elected identical boards,
but failed to file final papers when financial projections were not met
Full Article (free)
Litigation Over Board Control
Does Not Preclude Suit by Exec
Claims for defamation and wrongful termination
were not required in earlier litigation, Court says
Transfer of Property To Charity
Does Not Trigger Right of First Refusal
Court says conveyance was a gift, not sale,
even though conveyance was subject to mortgage
Nonprofit Law YOU Need to Know
What court cases or IRS rulings, if any, define restricted funds?
Can officers on a Board abstain from voting?
- Emerson, Former NASCO Official, Joins Montgomery, McCracken
- Thursday with the Editor, August 9
To the Point
Does the treasurer for a nonprofit have to be a board member?" A woman wants to donate her time to do a charity's books but doesn't want the responsibility of being the Treasurer. At what point does she cross a line and become some kind of de facto treasurer?
Answer
Lessons from Litigation Full Article
- Spiritual authority alone does not create fiduciary duty
- Attorneys avoid conflict claim of former client
- May church members view financial records?
Tax Matters Full Article
- Change in public access requirement does not prevent exemption
- Sales tax exemption of Bibles unconstitutional
Employment Law Full Article
- State law compliance does not preclude NLRB action
- Employee with HIV fired for failure to report
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Once again you've tackled a tricky question and explained it so we all can understand the issue.--M.V.
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