Our business and corporate practice covers all aspects of our clients' day-to-day lives. While we have the expertise to handle specialized transactions and events, our business lawyers' first and foremost focus is on serving as the equivalent of a client's "primary care" lawyer. As primary care lawyers, we can offer "check-ups" to make sure a client is in compliance with corporate law requirements and formalities -- our reviews of corporate minute books and records can serve as either a regular maintenance item, or as preparation for a more significant "procedure," such as a public offering or acquisition. We also offer "preventive medicine," such as training and advising corporate officers and directors on their duties and responsibilities. And, should a "specialist" be required, corporate lawyers serve as gatekeepers, seeing to it that a client gets the specialized advice it requires and maintaining oversight over the process.
Charitable fundraising is under increased regulatory oversight and heightened donor expectations as evidenced by four recent developments. Together with the possible end of one fundraising channel and start of an innovative new channel, these developments highlight the importance of fundraising diversification and ongoing due diligence.
Charitable fundraising is under increased regulatory oversight and heightened donor expectations as evidenced by four recent developments. Together with the possible end of one fundraising channel and start of an innovative new channel, these developments highlight the importance of fundraising diversification and ongoing due diligence.
A coalition of ten Republican state attorneys general recently sent letters to companies participating in plastics-related section 501(c)(3) and section 501(c)(6) organizations, warning that their participation may violate federal and state antitrust and consumer protection laws. This development is part of a broader trend of regulatory agencies and state officials using antitrust scrutiny to target nonprofits and associations for what some view as political reasons. Nonprofits, trade associations and their members should carefully review their involvement in collective industry initiatives and consider seeking legal guidance to navigate this evolving regulatory climate.
A coalition of ten Republican state attorneys general recently sent letters to companies participating in plastics-related section 501(c)(3) and section 501(c)(6) organizations, warning that their participation may violate federal and state antitrust and consumer protection laws. This development is part of a broader trend of regulatory agencies and state officials using antitrust scrutiny to target nonprofits and associations for what some view as political reasons. Nonprofits, trade associations and their members should carefully review their involvement in collective industry initiatives and consider seeking legal guidance to navigate this evolving regulatory climate.
In the midst of nonprofits’ discovery of GoFundMe’s creation of donation pages for approximately 1.4 million nonprofit organizations without their consent or knowledge (see previous Client Alert), another online fundraising platform for nonprofits has come under scrutiny.
In the midst of nonprofits’ discovery of GoFundMe’s creation of donation pages for approximately 1.4 million nonprofit organizations without their consent or knowledge (see previous Client Alert), another online fundraising platform for nonprofits has come under scrutiny.
Nonprofits are experiencing funding challenges and scrambling to fund their missions. While termination of nonprofits’ federal funding has garnered a lot of attention recently, yet another funding challenge arose this week. Charities participating in the Combined Federal Campaign (“CFC”) now face a new funding shutoff created by the Trump Administration’s pause of the annual charitable fundraising program.
Nonprofits are experiencing funding challenges and scrambling to fund their missions. While termination of nonprofits’ federal funding has garnered a lot of attention recently, yet another funding challenge arose this week. Charities participating in the Combined Federal Campaign (“CFC”) now face a new funding shutoff created by the Trump Administration’s pause of the annual charitable fundraising program.
Florida’s recent amendments to its Charitable Solicitation Act are getting a lot of attention – and for good reason – charitable fundraising just got even harder. But Florida’s efforts to combat foreign influence should attract the nonprofit sector’s attention for another reason. Florida’s unique approach may be a sign of what is to come as state efforts to regulate foreign influence of nonprofits ramp up, creating a national minefield.
Florida’s recent amendments to its Charitable Solicitation Act are getting a lot of attention – and for good reason – charitable fundraising just got even harder. But Florida’s efforts to combat foreign influence should attract the nonprofit sector’s attention for another reason. Florida’s unique approach may be a sign of what is to come as state efforts to regulate foreign influence of nonprofits ramp up, creating a national minefield.
In an era of increasing litigation, keeping accurate, detailed corporate minutes is critical. In addition to their standard function of recording and reflecting decisions made by company management and directors and the deliberation of those decisions, corporate minutes can help establish that company directors have met their fiduciary obligations and have executed a sound decision-making process. Conversely, poor minute keeping can result in protracted litigation to determine the care that went into a board's decision to act. It is vital for a company to keep an accurate, precise and complete record of director decision-making and oversight. Furthermore, the failure to maintain such corporate formalities could result in a piercing of the corporate veil action and allow claimants to reach the assets of a company's shareholders. Our Corporate attorneys can assist you in updating your company's books and records.
In an era of increasing litigation, keeping accurate, detailed corporate minutes is critical. In addition to their standard function of recording and reflecting decisions made by company management and directors and the deliberation of those decisions, corporate minutes can help establish that company directors have met their fiduciary obligations and have executed a sound decision-making process. Conversely, poor minute keeping can result in protracted litigation to determine the care that went into a board's decision to act. It is vital for a company to keep an accurate, precise and complete record of director decision-making and oversight. Furthermore, the failure to maintain such corporate formalities could result in a piercing of the corporate veil action and allow claimants to reach the assets of a company's shareholders. Our Corporate attorneys can assist you in updating your company's books and records.
Whiteford is pleased to announce that Heidi Abegg has joined the firm as a Partner in Washington. Ms. Abegg brings over twenty years of experience in political law, lobbying compliance, government ethics, campaign finance and nonprofit law at the state and federal levels.
Whiteford is pleased to announce that Heidi Abegg has joined the firm as a Partner in Washington. Ms. Abegg brings over twenty years of experience in political law, lobbying compliance, government ethics, campaign finance and nonprofit law at the state and federal levels.
Whiteford, Taylor & Preston LLP (WTP) is delighted to announce that Robert B. Curran has been named 2009 Baltimore Corporate Lawyer of the Year by Woodward/White's The Best Lawyers in America.
Whiteford, Taylor & Preston LLP (WTP) is delighted to announce that Robert B. Curran has been named 2009 Baltimore Corporate Lawyer of the Year by Woodward/White's The Best Lawyers in America.
