Business Law and Corporate Law

The United States is home to more than 1.5 million charitable organizations, most of them public charities.1 Each one is a corporation and carries the obligations that come with that form: governance and board management, corporate registrations, compliance with financial accounting standards, disclosures to current and potential donors, filing an annual Form 990 with the IRS, and state charitable reporting.

Creating a new charity can be an exciting prospect. There is an urgent need, or a long-term purpose, and the instinct is to build an organization to carry it. For most founders, that instinct typically leads straight to incorporating a nonprofit corporation and filing for tax exemption.

Nonprofits face increasing pressure to demonstrate measurable impact to donors and funders. This guide explores how to transform program data into compelling impact statements that build trust, strengthen grant proposals, and inspire stakeholder action through evidence-based storytelling.

On September 11, 2026, the FDIC, Federal Reserve, OCC, and NCUA (together, the “Agencies”) issued proposed third-party risk management guidance (the “TPRM Guidance”) outlining a principles-based approach designed to assist banks and credit unions (together, “institutions”) in tailoring their third-party risk management practices to the risks of individual relationships.

Companies face mounting geopolitical risks that threaten global supply chains, from tariffs and sanctions to trade disputes and regulatory shifts. How can organizations use strategic contracting and procurement practices to navigate these uncertainties while maintaining operational resilience? This analysis examines practical approaches to mitigating compliance, cost, availability, and quality risks through risk-appropriate contract drafting and supplier management.

The Federal Circuit's decision in NCS Multistage Inc. v. Nine Energy Service, Inc. establishes that a patentee's prior commercial sale does not automatically qualify as a public disclosure under the AIA safe harbor provision. The court clarified that the critical question is whether the inventor's actions made the subject matter of the invention available to the public, not merely whether a commercial transaction occurred.

Many organizations have access to large volumes of spend data, but fragmented systems, inconsistent information, limited market intelligence, and a lack of systematic processes often make it difficult to translate visibility into measurable savings.

The FDIC Board's September 17 meeting introduced two significant proposed rules that would reshape bank merger review timelines and extend interstate parity protections to state banks operating without physical branches in host states. The proposals establish new processing categories for merger applications with defined decision timeframes, while addressing how state banks can achieve regulatory parity with national banks when serving customers across state lines without maintaining branch locations.

On September 17, the FDIC Board of Directors approved a proposed rule that would substantially revise the agency’s framework for reviewing merger transactions under the Bank Merger Act.

Delaware's General Corporation Law has undergone three years of significant amendments addressing conflicted transactions, stockholder rights, and corporate governance mechanics. The 2024-2026 changes create new statutory safe harbors, resolve certificate interpretation issues, and respond to Court of Chancery decisions that had disrupted established transactional practices.

On September 11, 2026, the FDIC, Federal Reserve, OCC, and NCUA (together, the “Agencies”) issued proposed third-party risk management guidance (the “TPRM Guidance”) outlining a principles-based approach designed to assist banks and credit unions (together, “institutions”) in tailoring their third-party risk management practices to the risks of individual relationships.

When it comes to employee terminations, documentation and process can be just as important as the ultimate decision.