The Met, located in New York's famous Central Park, is facing legal
action for the second time in only 4 months over its admission fee
policy. The museum and the city have an agreement which allows the
museum to occupy city-owned land rent free, provided the public may
enter free of charge several days during the week. Visitors are greeted
with signs reading "Admissions Recommended," which some argue are
intentionally misleading and which suggest that an entry fee is
required. Cases were filed in November of last year and again this
spring, alleging that this signage violates the Met's agreement with the
city. In a statement by the museum's Director and CEO, the Met denies
the ambiguity of the signs and states that this "recommended admissions"
policy was actually agreed to by the City of New York. It remains to be
seen whether the signs will have to be removed or reworded.
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Blog does not create an attorney client relationship. LaSusa &
Deb, PLLC is a law firm and the contents of this blog may contain legal
information, but such information does not create a relationship between
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herein is not guaranteed to be complete, correct or up-to-date nor does
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Showing posts with label Non -profit law. Show all posts
Showing posts with label Non -profit law. Show all posts
Sunday, June 23, 2013
Art and Law Newsletter: Kansas City Art Institute pursuing promised donation
In 2005 Larry and Kristina Dodge pledged $5 million to the Kansas City Art
Institute for the construction of a new building which would bear their
name. The Dodge Painting Building now stands on the KCAI campus,
despite the fact that the Dodges only paid $1 million of the promised
amount. The school hired an attorney and initiated litigation in order
to compel the donors to pay the outstanding amount, which resulted in a
$3.3 million judgment against the family. Mr. Dodge, a former banker
once worth an estimated $1 billion, has lost his fortune and declared
bankruptcy, partially, he claims, due to the lawsuit. Mrs. Dodge now
fears she will have to file for bankruptcy as well if the school
continues to pursue the matter.
The Art
Institute maintains that the Dodges are under a contractual obligation
pay the amount pledged. In fact the Institute argues that as a
nonprofit organization it is under strict accounting guidelines, under
which it has already reported the pledged donation. Failure to collect
the full amount may result in an accounting deficit, which could
negatively impact future donations.
The
Blog does not create an attorney client relationship. LaSusa &
Deb, PLLC is a law firm and the contents of this blog may contain legal
information, but such information does not create a relationship between
the reader and LaSusa & Deb, PLLC or any of its attorneys. Information
herein is not guaranteed to be complete, correct or up-to-date nor does
it reflect the opinions of LaSusa & Deb, PLLC. Please read full
disclosure at the bottom of the page.
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