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Old 10-25-2011, 12:28 PM
KSig RC KSig RC is offline
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Join Date: Jan 2001
Location: Who you calling "boy"? The name's Hand Banana . . .
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Quote:
Originally Posted by Kevin View Post
I'd be interested to see the lawsuit paperwork in this case. If KA Order HQ is making a claim for ownership of the real property of the chapter, I'd like to see the basis for such a claim. Fraternities are typically structured in a purposeful manner to shield the national organization's assets in the event of a major lawsuit. That's done by having independent housing corporations, not comingling chapter and HQ assets, etc.
Didn't you hear about these new-fangled one-way liability shields? SEE ALSO: "Piercing the Semi-Permeable Membrane"
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