How Financial Institutions May Benefit from Changes to the Rule Against Perpetuities

In the late 1980s, large financial institutions successfully marketed a new exemption in the tax code authorizing the perpetual insulation of wealth from federal transfer taxes. Specifically, the 1986 tax code reforms included an exemption from the federal Generation Skipping …

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Editor's Tweet: Reid Weisbord of Rutgers Law on How Financial Institutions May Benefit from Changes to the Rule Against Perpetuities

Charitable Insolvency and Corporate Governance in Bankruptcy Reorganization

Poor corporate governance is a pervasive problem in the charitable nonprofit sector. Prominent examples of mismanagement and abuse include instances of intentional misconduct, such as embezzlement and unauthorized self-dealing, and negligent conduct, such as failure to diversify the organization’s investment …

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Editor's Tweet: Professor Reid Weisbord of Rutgers Law (Newark) discusses his forthcoming article on Charitable Insolvency and Corporate Governance.