Fundraising IssuesJennifer Cona and Dana Walsh Sivak, New York Law Journal
The Potential Perils of Crowdfunding Donations
No good deed goes unpunished.
Jennifer Cona and Dana Walsh Sivak of Genser Dubow Genser & Cona write: The practice of crowdfunding donations remains largely unregulated, with little guidance as to how to resolve issues that may arise in the course of a fundraiser organized through a crowdfunding site. Most problems arise because well-meaning friends and relatives were unaware of the negative consequences that can result from a crowdfunding campaign and therefore failed to plan ahead to avoid them.
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