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First Circuit Upholds Massachusetts Law Barring COVID-19 University Student Refund Claims Against Constitutional Challenge

On May 22, 2024, the First Circuit denied panel rehearing and rehearing en banc on its decision to uphold summary judgment in favor of Boston University. See Dutra v. Boston University, No. 23-1385, 96 F.4th 15 (1st Cir. Mar....more

Missouri Court Allows University to Reclassify Restricted Endowment Funds Under UPMIFA

Earlier this month, a Missouri state court allowed Webster University to reclassify various donor-restricted endowment funds as unrestricted endowment funds so the funds could be held as collateral to help Webster meet a 75%...more

Ohio General Assembly Rejects Expansion of UPMIFA’s Standing Requirements

The Ohio House of Representatives’ Higher Education Committee recently rejected proposed language in Senate Bill 135 that would have amended Ohio’s version of the Uniform Prudent Management of Institutional Funds Act...more

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