Freedom Path, Inc. v. IRS
On September 30, 2025, the U.S. District Court for the District of Columbia ruled that the standards the IRS applied in denying Freedom Path’s, a nonprofit organization, application for tax exemption under section 501(c)(4) as a “social welfare” organization “transgress the heightened vagueness standard applicable to civil regulations, including tax-exemption regulations, that affect speech covered […]
Model Legal Documents
For the last 15+ years of my legal career, the National Venture Capital Association model documents have been the gold standard for forms for venture financings. Those forms were updated today. At Supernova Law, we’re committed to staying on the forefront of the latest legal developments in the VC space. If you or your company […]
Liberty Mutual’s $600M Endowment – an Evolution in Corporate Giving?
I have long been a fan of Liberty Mutual (okay, okay, it’s largely because their commercials crack me & my daughters up!), but they did something recently that really got me excited – they announced a $600 million philanthropic endowment. This is particularly noteworthy as this may indicate a meaningful shift in how corporate philanthropy […]
Exciting News!
I am thrilled to announce something truly innovative that is starting in the impact M&A space — the Stewardship Marketplace, a marketplace for ethical exits. I’ve known founder Hannah Sandmeyer for some time now and I can say, without reservations, this is going to be a truly fantastic platform for both buyers and sellers of […]