Faculty Norman I. Silber, Professor of Law

Published on August 8, 2011 | by LawNews

Norman Silber Comments on Synagogue’s Routes for Recovering $600,000 Theft

Woodmere Shul’s Treasurer Charged With $600G Theft
By Michael Orbach
New York Jewish Week
August 8, 2011

Excerpt:

Professor Norman Silber, a professor of law at Hofstra University who specializes in nonprofit corporations, said he believed there were multiple ways for the synagogue to recover the money.

“There are five possible claims or routes for recovery here by the synagogue,” he explained. “The personal liability of the treasurer; the potential liability of the firm; the potential liability of the bank; the duty of the Bar’s insurance fund for defrauded clients of attorneys; the duty of insurers of the synagogue and its board. In each case except for the claim against the treasurer himself, there will be a defense argument that there was contributory negligence involved because of inadequate internal controls.”

To read the full article, visit thejewishweek.com.

Tags: , ,


About LawNews

To submit a news story, or request an interview with one of Hofstra Law’s faculty experts, please contact Andrew Berman, assistant dean for communications, at andrew.e.berman@hofstra.edu.



Comments are closed.

Back to Top ↑
  • Upcoming Events

    View Full Calendar

  • Videos

  • Archives


Follow

Get every new post delivered to your Inbox

Join other followers: