October 1-15, 2009
Last Issue: September 16-30, 2009
Court Allows University
To Unrestrict Endowment Fund
Second request to lift limitation on spending
was necessary to offer scholarships, avoid bond default
Full Article (free)
Trustee Not Liable
For Losses on CRUT Investments
Choosing 90% equities in trust
expected to last 50 years was not unreasonable
Nonprofit May Sue CEO
Of Failed Credit Card Company
Court says president may be personally liable
for commingling corporate funds and payments
RISK & REWARD
Governance Matters
By Melanie Lockwood Herman
Nonprofit Risk Management Center
- Groups may get bylaw critique at “This Year in Nonprofit Law”
- Kramer to do bylaw webinar for PANO
- Talk with the Editor, November 24
To the Point
What do we do with “knockoff”?
Answer
Lessons from Litigation Full Article
- “Banana Lady” may sue for use of image to promote Expo
- Subordinate church may not unilaterally disaffiliate from national
Tax Matters Full Article
- Foundation denied supporting organization status
- Air rights easement is not conservation easement
Employment Law Full Article
- Employees may sue group home under FLSA
- May physician with ADHD sue for retaliatory discharge?
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