Individual trustees failed to prove that bank breached its fiduciary duty, bank trustee failed to prove that individuals breached their fiduciary duty

Lead Stories

Court grants stay of trustees’ replacement

Lessons from Litigation

Donors May Sue Fidelity Gift Fund For Dumping Stock After Donation

Court says plaintiffs have standing and have met standards to pursue claims of misrepresentation, breach of contract, negligence

Lead Stories

Tax Court refuses to reconsider easement case

Tax Matters

Church dispute not a federal case

Lessons from Litigation

Club can’t offset event losses against investment gain

Tax Matters

“Ministerial exception” does not preclude breach of contract claim

Employment Law

Charity Bike Ride Uninsured When Participant Is Injured

Court says exclusions prevent coverage for rider’s claims of charity’s negligence in auto accident

Lead Stories

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November Webinar

Fiscal Sponsorship: For the Funders, Sponsors and the Sponsored
Wednesday, November 12, 2025
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Fiscal sponsorship is a time-honored method to spawn new charitable activity when the people with the vision and the energy to do the work do not have recognition of federal tax-exempt status.

It can function smoothly as an incubator of important new projects. Or it can function badly as a serious trap for the unwary.

This webinar will define fiscal sponsorship and discuss the most common types of sponsorship arrangements. It will discuss the advantages and disadvantages of each type and the special considerations for funders, sponsors, and the sponsored. It will review specific critical provisions of sponsorship agreements, particularly termination and exit issues.

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SAY THAT AGAIN?

May 30, 2025

The loan agreement says: “All contractual rates of interest chargeable on the outstanding Term Loans shall continue to accrue and be paid even after default, maturity, acceleration, judgment, bankruptcy, insolvency proceedings of any kind or the happening of any event or occurrence similar or dissimilar.”

A former banker friend says that “any event or occurrence similar or dissimilar” is some lawyer “fancy talk” for “the kitchen sink!”

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