Articles
New PA Attorney General Settles with Hershey Trust Trustees
Trustees absolved of breach of fiduciary duty claims but agree to changes in practice for future
Court Approves Indemnification For Trustees of Private Foundation
Directors may be protected despite having started suit that prompted counter charges of breach of duties
Jury Finds Officers and Directors Liable for $5.75 Million in Damages
Court upholds verdicts for breach of fiduciary duty in bankruptcy case involving “deepening insolvency”
IRS Tea Party “Scandal” Shows Need for (c)(4) Definition
Evidence shows workers struggling to define limits, not Administration effort to target political foes
Members Can’t Remove Directors of Board-Only Nonprofit
Court holds improperly ousted directors in contempt for failing to turn over documents pursuant to Order
Letter of Intent With “Out” Clause Allows Hospital Purchaser a Way Out
Although parties announced agreed-upon terms of sale, termination clause in LOI prevails to stop deal
Official May Warn Public Of High Fundraising Costs
Charity named as bad example has no claim for violation of Equal Protection Clause
IRS Finds Unrelated Business Income, Unreported Compensation in College Study
90% of schools examined underreported taxable income, all of smaller exam group underreported compensation of executives