Directors Have No Fiduciary Duty To Other Directors of Nonprofit Penn State wins dismissal of most claims by ousted trustee, but Court wants more argument on First Amendment retaliation charge Lead Stories
Cy Pres Funds May Go to Hospital Not Recommended by Trustee Court says trial judge should look to donors’ intent at time of making the gifts, not trustee or advisory committee Lead Stories
Founder Violated Fiduciary Duty In Failing to Disclose Value of Property Court says founder did not act in good faith in failing to disclose value of camp buildings in sale of jointly owned ranch Lead Stories
Electioneering Case Dismissed For Lack of Jurisdiction Court says effort to overturn ‘Johnson Amendment’ for churches is barred by Tax Anti-Injunction Act Lead Stories