By Elizabeth Patterson Nonprofits often see gift opportunities that come with strings attached, also known as donor-restricted gifts. However, what isn't always clear is just how strong those strings can be, or how long they may last! Over the past few years there has been a surge in cases where the donor (or his or her heirs) is suing to get back …
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Van Osdol & Magruder Featured Client: Lawrence A. Jones Mortuary Inc. in Kansas City
Back in the late sixties when our partner Bob Redmond helped Lawrence A. Jones, Sr. get financing for the start of Lawrence A. Jones Mortuary Inc., a person might not have predicted that it would become one of the largest African-American owned businesses in Kansas City. Over the years a lot has changed. The company is now managed by Lindsay E. …
Van Osdol & Magruder Reviews History of Law Firm: Frank H. Terrell, Founder of The Biggest Little Law Firm in Kansas City
The Biggest Little Law Firm® in Kansas City has always been small, but mighty. That is how you might characterize Frank H. Terrell when he founded the firm in 1940. Frank came to Kansas City from Parsons, Kansas to practice law in the 1920s. After practicing with several other well-regarded Kansas City lawyers, Frank initiated his own practice in …
Blowin’ In The Wind: Van Osdol & Magruder Reviews Kansas Renewable Energy Standards Act
You have no doubt heard some discussion of renewable energy in the form of windmills in Kansas. Much debate has raged and we are now in a position to give the definitive opinion on the future of wind energy. The unequivocal answer is: It’s anybody’s guess. In 2009, Kansas enacted the Renewable Energy Standards Act, basically requiring the state …
Thank You Thinking Bigger Business Magazine For Publishing Attorney Chris Brown’s Madness in March Article
Thinking Bigger Business Magazine recently published an article written by Chris Brown regarding the legality of office pools on March Madness brackets. The article gave insight to the legality of gambling outside of regulated casinos and lotteries during the popular basketball season. Madness in March: Is Your Office's NCAA Pool Legal? Each year, …
MADNESS IN MARCH – When Otherwise Law Abiding Citizens Break the Law
Each year millions of Americans bet on brackets and join pools with coworkers and friends. But don't be fooled - your one dollar entry fee is probably a "bet" and your odds of winning are largely dependent on chance. As a result, your actions probably constitute illegal gambling. Nearly every jurisdiction in America outlaws gambling that is not …