Kenneth Friedman

Kenneth Friedman

Hodgson Russ LLP

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Latest Publications


Relief in Sight for New York Nonprofits with Prospect of Additional Amendments to the Nonprofit Revitalization Act of 2013

On June 16, 2016, the New York Legislature passed A10365-B approving further changes to the Nonprofit Revitalization Act (the “Revitalization Act” or “Act”), including major changes to the rules on independent directors and...more

7/29/2016 - Audit Policies Conflicts of Interest Disclosure Requirements Independent Directors Non-Profits Pending Legislation Special Committees Whistleblower Protection Policies Whistleblowers

Iran Sanctions Eased, But Restrictions Remain

Canadian companies with U.S. operations must keep alert to developments in U.S. sanctions laws. Such sanctions apply to any entity organized under the laws of a U.S. jurisdiction (regardless of foreign ownership of such...more

2/29/2016 - Canada Implementation Day Iran Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) OFAC SDN List

Iran Sanctions Eased, But Restrictions Remain

The United States recently lifted certain sanctions against the Islamic Republic of Iran, but the general prohibition on exporting to Iran remains in place. Specifically, on January 16, 2016 (commonly known as...more

2/22/2016 - Export Controls Iran Sanctions Joint Comprehensive Plan of Action (JCPOA) OFAC P5+1 Nations SDN List

Recent Amendments to the New York Nonprofit Revitalization Act of 2013

On July 1, 2014, the New York Nonprofit Revitalization Act of 2013 (the Revitalization Act) came into effect and brought about major changes for all New York nonprofit corporations, including education corporations and...more

12/16/2015 - Affiliates Educational Institutions Independent Director Religious Institutions Whistleblower Protection Policies

Gorman v. Salamone: Updating Delaware Law on the Removal of Officers by Stockholders

The power to remove officers is usually reserved for a Delaware corporation’s board of directors. Express language in a certificate of incorporation can reserve this power for stockholders, and until recently, Delaware courts...more

11/6/2015 - Board of Directors Bylaws CEOs Certificates of Incorporation Controlling Stockholders Corporate Officers Director Removal Officer Removal Shareholder Votes

New York Nonprofit Revitalization Act Of 2013 To Have Significant Impact On State’s Nonprofit Corporations

When New York State Governor Andrew Cuomo signed the Nonprofit Revitalization Act of 2013 into law on December 18, 2013, New York nonprofit corporations became subject to the most substantial revision of the New York...more

2/25/2014 - Andrew Cuomo Corporate Governance Non-Profits Reporting Requirements Whistleblower Protection Policies Whistleblowers

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