August 16, 2010 to September 15, 2010
Lead Stories
Diocese’s Pooled Investment Fund Available to Creditors in Bankruptcy
Diocese held funds in trust for many organizations but could not precisely trace the separate investments
News Flash: Insured Must Read Policy Upon Receipt
Failure to read “insured vs. insured” exclusion precludes summary judgment against agent
Faction Within Nonprofit Can’t Hire Lawyers for Entity
Court must strike pleadings filed by attorneys who can’t prove authority to act for corporation
Ready Reference
Educational Institutions Not Totally Exempt From State Charitable Solicitation Registration
Many schools don’t realize that they, and their related foundations, are required to register, or apply for exemption, under a lot of state laws
To the Point
May creditor sue charity as "alter ego" of debtor?
A person who claims I owe him money has filed a lawsuit against my California charity in an effort to recover the claim. He alleges that the charity is an "alter ego" for me personally (which is untrue) and that entitles him to the money in the charity. Is this legal?
Lessons from Litigation