Current
Edition
September 16-30, 2011
Last Issue: September 1-15, 2011
Creditors May Sue Directors
For Breach of Duty Before Bankruptcy
Court reverses trial court, allows case to proceed
on claims of lack of good faith, fraud in deepening insolvency
Members of Sorority May Sue
Directors for Breach of Duty
Court affirms dismissal of claim against
foundation for lack of jurisdiction
Employee’s Stipulation for Dismissal
Precludes Claim for Indemnification
Woman’s assault claim against nonprofit and employee
was dismissed, along with all claims, “direct or indirect”
Nonprofit Law YOU Want to Know
With less than $5000 in receipts, are we exempt?
What is role of directors sandwiched between members and staff?
Does grant recipient owe accounting?
Is there a minimum number of fundraisers we must hold annually?
Full Text
Issues
Notes
Webinar recordings available, new live program set
Talk with the Editor, November 30
To the Point
If a nonprofit corporation dissolves and transfers/donates its net remaining assets to another charity, do the board members of the dissolving nonprofit get a tax deduction for the transfer/donation? Answer
Lessons from Litigation
Full
Article
Charities sued to recover payment for mineral leases
When may insurer apply “insured vs. insured” exclusion?
Tax
Matters Full
Article
Delayed gift to charity still deductible
Employment Law Full
Article
Statements questioning medical leave are basis for suit
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