Unrelated Third Party Unable to Revive Lapsed Corporation Court voids revival by person with no prior connection who wanted to control real estate through merger Lead Stories
Insurance Doesn’t Protect Entity From Claims Against Merger Partner Courts agree that policies do not cover claims of wrongdoing by the merged organization occurring before effective date of merger Lead Stories
Boy Scouts May Sell Camp Held in 80-Year-Old Trust Court says proceeds must be used for camping by local scout troops Lead Stories
Nonprofit HOA May Use Subchapter V To File Small Business Bankruptcy Plan Court says HOA is “engaged in commercial or business activities” and may use simplified process for reorganization plan Lead Stories