News + Insights

Select a Type
article

Basic but Important Considerations for Corporations—Both For-Profit and Non-Profit: Understanding Director and Officer Liability Insurance

April 4, 2025

|
Insurance commonly referred to in the insurance industry as “directors and officers” or “D&O” insurance is insurance that is payable to directors and officers…
Firm News

Victory at the North Carolina Court of Appeals for Wilmington’s Fifth Avenue United Methodist Church

January 8, 2025

Ward and Smith attorney Gavin Parsons assisted Fifth Avenue United Methodist Church of Wilmington (Fifth Avenue) in a dispute over ownership of church property…
article

Virtual Meetings for Nonprofit Corporations: During the Post COVID-19 Era

August 17, 2022

|
The COVID-19 pandemic catapulted the new normal of virtual meetings into our day-to-day lives. In order to adapt to this new normal, nonprofit corporations…
article

Making a Difference: Charitable Trust Planning

June 8, 2022

|
Written By Jennifer V. Boyer
The past few years have exposed a lot of needs in our communities, and many of us feel even more compelled to give back…
article

Faith-Based Organizations: Guidance for Eligible Paycheck Protection Program Loans

April 13, 2020

|
Written By Joanne H. Badr
Faith-based organizations, including houses of worship, and entities that provide services that are religious in nature, are eligible Paycheck Protection Program loan applicants as…
article

Treasury Department Releases Vital Paycheck Protection Program Information

March 31, 2020

|
Written By William S. Durr
The much-anticipated CARES Act provided for the Paycheck Protection Program, which is meant to help small businesses both retain their employees and meet their…
article

Don’t Jump Without a Parachute! Understanding Community Association Insurance Needs

July 12, 2019

|
Written By Adam M. Beaudoin
In the aftermath of Hurricane Florence, many Community Associations located in the Eastern part of the state had a rude awakening when they discovered…
article

In-House Counsel Seminar Insights: How General Counsel can Successfully Collaborate with Outside Attorneys

January 18, 2019

|
Written By Richard J. Crow
Three senior in-house attorneys discussed best practices for collaborating with outside counsel during a panel discussion at Ward and Smith’s 2018 In-House Counsel Seminar,…
article

“We’ll Just Kick Him Out!” Member Discipline and Expulsion in Private Clubs

January 16, 2019

|
Written By Ryal W. Tayloe
Most private country clubs and social clubs are nonprofit corporations governed by North Carolina’s Nonprofit Corporation Act found in Chapter 55A of the North Carolina…
article

We Need a License To . . . Be a Charity?

April 21, 2017

|
Written By E. Knox Proctor V
Wait a minute!  Haven’t we done everything we’re supposed to do?  We’ve clearly defined our charitable mission.  We formed our non-profit corporation.  We got…
article

The I’s Have It: Immunity, Indemnification, and Insurance for Nonprofit Directors

June 8, 2015

|
Written By Adam M. Beaudoin
There are many opportunities to serve on the board of a nonprofit corporation, whether a public charity, private foundation, home-owner association, trade association, or church. …