Volunteers who serve on the board of directors of a nonprofit organization have fiduciary duties. These duties are defined by ...

As I reach the halfway point in my term on the American Chemical Society Board of Directors, I have begun reflecting on the activities of the board and what I have learned. I remember one of the first ...

Community associations are nonprofit corporations, governed by the North Carolina Nonprofit Corporation Act. The law provides that nonprofit corporations, including community associations, must "act" ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

Earlier this year, the FDIC, acting as receiver for Silicon Valley Bank (“SVB”), filed a breach of fiduciary duty lawsuit against six officers and eleven directors of the bank. The FDIC alleged that ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

New Hampshire is home to thousands of charitable organizations that provide essential services and resources to those in need such as food, shelter, healthcare, and education. Although many support ...

Company boards must understand the role of director qualifications in satisfying the duty of oversight and the expectations of regulators and institutional investors. To withstand stakeholder scrutiny ...