Geoffrey P. Miller, Jennifer H. Arlen, James A. Fanto, Claire A. Hill and Pauline Toboulidis | May 18, 2021 | Compliance and Enforcement for Organizations
At the 2021 Annual Meeting, members of The American Law Institute voted to approve Tentative Draft No. 2 of Principles of the Law, Compliance and Enforcement for Organizations. The vote marks the completion of this project. This is the first time that The American Law...
Claire A. Hill, Jennifer H. Arlen, James A. Fanto, Geoffrey P. Miller and Pauline Toboulidis | May 6, 2021 | Compliance and Enforcement for Organizations
Principles of the Law, Compliance and Enforcement for Organizations, Tentative Draft No. 2 (TD2) will be presented to ALI membership at the 2021 ALI virtual Annual Meeting. The below Introductory Note and black letter is excerpted from this draft, which contains §...
Christine Abely | December 30, 2020 | Charitable Nonprofits, Compliance and Enforcement for Organizations
This article was originally published on NYU Law’s Compliance & Enforcement blog on December 4, 2020. View the original post here. Recently, The New York Times published an article1 detailing alleged issues at the New Museum of Contemporary Art in New York...
Gordon Schnell and Max Voldman | November 13, 2020 | Compliance and Enforcement for Organizations
This article was originally published by the Dominion Post on Oct. 6, 2020. The following is an excerpt. As the saying goes, Mountaineers are always free in West Virginia. Unfortunately, the cost of fraud is not. And as evidenced by the eye-popping $50 million fraud...
Peter Molk and D. Daniel Sokol | August 19, 2020 | Charitable Nonprofits, Compliance and Enforcement for Organizations
ABSTRACTThe stakes for proper nonprofit governance are extremely high. Over 1.5 million nonprofits are registered with the IRS, collectively employing 12 million people and accounting for 5.4% of US GDP. Yet while for-profit companies have significant checks on the...
