By Elizabeth O. Manchester, Russell J. Stein, and Kelley J. O’Donnell The Massachusetts legislature and Governor Healey recently passed into law An Act Relative to Strengthening Massachusetts’ Economic Leadership (the “Act”)[1].  The Act provides significant changes in the nonprofit space which will alleviate financial reporting requirements for small and mid-sized Massachusetts nonprofits as well as...

Challenges to Race-based Initiatives Continue: Fearless Fund Settles Yearlong Suit with the American Alliance for Equal Rights, Ending the Strivers Grant Contest for Women of Color Business Owners By Elizabeth O. Manchester and Kelley J. O’Donnell Fearless Fund is a venture capital fund supporting minority business owners, particularly women of color.[1]  [Fearless Foundation is a...

By Madeline M. Ursini and Elizabeth O. Manchester On March 5, 2024, the U.S. Department of Education (the “Department”) announced that Liberty University (“Liberty”) has agreed to pay a fine of $14 million for material and ongoing violations of the Federal Clery Act. This fine, which was imposed by the Department’s Office of Federal Student...