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: How Appealing

"Princeton settles battle over millions; Heirs said school ignored parents' wishes for fund"

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"Princeton settles battle over millions; Heirs said school ignored parents' wishes for fund": The Newark (N.J.) Star-Ledger contains this article today.

The Daily Princetonian reports today that "University gains control over Robertson endowment in settlement; Princeton will pay $100 million to cover legal fees, establish new foundation."

The New York Times reports that "Princeton Settles Money Battle Over Gift."

The Wall Street Journal reports that "Princeton Settles Suit Over Big Donation, Agrees to Pay Family About $100 Million."

And in the New Jersey Law Journal, Henry Gottlieb reports that "Princeton Agrees to $90 Million Settlement of Suit Alleging Misuse of Endowment; $40 million in defense costs made the case the most expensive litigation in Princeton's 262-year history."

Full post as published by How Appealing on December 11, 2008 (boomark / email).

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