Monday, December 10, 2012

Donor Intent Decision Appealed - TheNonProfitTimes

Donor Intent Decision Appealed - TheNonProfitTimes: Donor Intent Decision Appealed - 12/06/2012

A dispute regarding the development of a suburban Maryland farm will continue as the family behind the original lawsuit has filed an appeal.

Montgomery County Circuit Court Judge Ronald Rubin sided with Johns Hopkins University (JHU) in granting summary judgment, saying that the sale of the 138-acre Belward Farm for $5 million was an arm’s length real estate transaction rather than a gift. A formal trial was scheduled to begin Nov. 13 but both parties filed for summary judgment in September.

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