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In an effort to attract startup companies and leverage the research capacity and workforces available in New York’s colleges and universities, New York State recently established tax-free zones for certain startup companies....more
The First Circuit Court of Appeals recently held that a “Known Circumstances Exclusion” in an insured school’s D&O policy barred coverage for an underlying action involving misrepresentations in soliciting a donation....more
In its recent decision in Clark School for Creative Learning, Inc. v. Philadelphia Indemnity Ins. Co., 2013 U.S. App. LEXIS 21568 (1st Cir. Oct. 23, 2013), the United States Court of Appeals for the First Circuit, applying...more
The Securities and Exchange Commission (SEC) on July 29, 2013 charged a school district in Indiana and its municipal bond underwriter with falsely stating to bond investors that the school district had been properly providing...more
Minnesota Management and Budget’s (MMB) July Economic Update reported that general fund revenues for FY 2013 have increased $463 million since the February Forecast. This revenue increase must be reconciled by MMB with any...more
Since the 1960s, the trust has been under attack on two fronts in the American law school. First, the traditional Trusts course has been down-graded to elective status, a misguided curricular “reform” that Charles E. Rounds,...more
In This Newsletter:
Pennsylvania Sales and Use Tax Ruling
No. SUT-06-014 (July 20, 2011)....
Pennsylvania Corporation Tax Bulletin
No. 2011-2 (July 20, 2011).....
Lebanon Valley Farmers Bank v....more
If you operate or contract with companies in Australia, then you should be aware of the statutory demand procedure.
Statutory demands are increasing in use and have important implications on the solvency of a corporate...more
Your alma mater, the local branch of the State University system, just derecognized the Beta chapter of your fraternity. You are the president of the local house corporation. Your house corporation now has an asset, the...more
MICROENTERPRISES: Developing South Memphis, Inside Out, written by Vanessa M. Cross and submitted in partial satisfaction of the Poverty Law Seminar (Prof. Lee A. Harris, Faculty of Cecil C. Humphreys School of Law at the...more
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