May 16, 2010 to June 15, 2010
Lead Stories
May Director Inspect Records To Pursue Personal Lawsuit?
Court avoids issue, says director has no right after being removed from the board
Defendants’ Lawyer Disqualified After Interviewing People on Plaintiffs’ List
Court says information gained by improper questions cannot be unlearned and would harm proceedings
Court Allows University To Limit Funds for Professorship
Applies cy pres doctrine where fund exceeds the amount necessary or appropriate for Chair in medicine
Ready Reference
Co-venturing Can Benefit Both Business and Charity But May Be Regulated By Disclosure Laws
20 states and District of Columbia have specific requirements for registration or regulation of commercial co-venturing
To the Point
May a 501(c)(3) nonprofit use general funds raised from donations to support the operations of a for-profit subsidiary operating discount stores (operating daily)?
May a 501(c)(3) nonprofit use general funds raised from donations to support the operations of a for-profit subsidiary operating discount stores (operating daily)?
Lessons from Litigation
Tax Matters