January 1-15, 2011

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Lead Stories

Court Protects Restricted Assets From Creditors on Dissolution

Museum’s restricted collection may be sold subject to continuing restrictions under “quasi cy pres” doctrine

Is Exec Entitled to Advanced Legal Costs In Suit by Employer for Theft?

Court must make independent review of known facts before denying advance

Language of Trust Allows School to Contract

Court looks to IRS Regulations to determine definition of “regular” enrollment of students
To the Point