March 16, 2011 to April 15, 2011
Exec Without Insurance When State Challenges Pay
Court says policy exclusion of claims for wages, benefits, precludes coverage
State-Dissolved Church Not Liable For Note Executed in its Name
Court says new corporation with same name was not authorized to enter into transaction
Donor Has No Recourse When Advised Fund Dissipated
Despite finding of breach of duty, donor could not prove damages
Donors Denied Deduction For Gift to Advised Fund
Loans for son’s college tuition showed failure to give up control
Risk and Reward
To the Point
Is this restraining order dismissal allowed?
One of our directors filed for a personal temporary restraining order against a member of our nonprofit corporation. The case was dismissed because neither party ever appeared in court. Now the director who brought the suit wants our Directors & Officers Insurance to pay his personal legal obligations. Can that be allowed to happen?
Lessons from Litigation