Club Can’t Compel Arbitration Based on Notice on Back of Renewal Form Court finds member had no actual notice of requirement to arbitrate disputes with organization Lead Stories
Senate Tax Bill Adds UBIT, Saves Johnson Amendment Tax would be imposed on royalties, and on organizations for excess benefits Lead Stories
Foundation Director May Bring Derivative Suit Without Prior Demand on Directors Court agrees that demand on majority of directors would be futile when claims involve their conduct and compensation Lead Stories
Diocese Denied Bequest When Church School Had Closed Divided NY Court says donor had intended a specific gift and did not show general charitable intent to invoke cy pres Lead Stories
Oxford House Group Home Gets Disability Accommodation Court says home for six unrelated people should be treated as single family home for Fire Code requirements Lead Stories
Foundation Liable for Punitive Damages In Receiving Gift Induced by Fraud Board member induced bank employee to invest in his bank and then transferred the same amount from bank to foundation Lead Stories
Federal Law Protects Nonprofit Volunteers Act reduces standard of liability to gross negligence, flagrant indifference Ready Reference