Jan 2007
Falvey: Monaghan $ Destabilizes AMSL
Fri, Jan26, 2007 - Category: School of
Law
Report on Ave Maria School of Law's long-term
financial viability
by Joseph Falvey, AMSL Professor of Law
November 24, 2006; redacted December 1, 2006
tabs/attachments not included in the following:
- low-bandwidth PDF (1.8MB; suggested)
- high-bandwidth PDF (3.7MB)
Nutshell: Consistent with the original plan, the Law School must reduce, not increase, Monaghan's financial involvement if AMSL is to regain stability. That can happen if (a) the original financial plan for the school is followed, (b) expenditures are critically analyzed, (c) notions of moving are, again, tabled to stop the instability-dependency cycle, and (d) fund-raising efforts are continued and reinforced. The Falvey Report findings run contrary to the notion promoted by many - that AMSL cannot survive without Tom Monaghan's money.
"The burden is not on me, or any member of the faculty, to establish the continuing viability of the Law School in Michigan. As detailed below [in the report], the long-term viability of Ave Maria School of Law, Ann Arbor, Michigan, has already been established to the satisfaction of the American Bar Association." - Joseph Falvey
Follow the comments and analysis at Fumare
Click on "More..." (below) for introductory information, excerpts from the Falvey Report, a timeline of events leading to the report, and a list of links to important documents and financial statements surrounding AMSL's finances.More...
by Joseph Falvey, AMSL Professor of Law
November 24, 2006; redacted December 1, 2006
tabs/attachments not included in the following:
- low-bandwidth PDF (1.8MB; suggested)
- high-bandwidth PDF (3.7MB)
Nutshell: Consistent with the original plan, the Law School must reduce, not increase, Monaghan's financial involvement if AMSL is to regain stability. That can happen if (a) the original financial plan for the school is followed, (b) expenditures are critically analyzed, (c) notions of moving are, again, tabled to stop the instability-dependency cycle, and (d) fund-raising efforts are continued and reinforced. The Falvey Report findings run contrary to the notion promoted by many - that AMSL cannot survive without Tom Monaghan's money.
"The burden is not on me, or any member of the faculty, to establish the continuing viability of the Law School in Michigan. As detailed below [in the report], the long-term viability of Ave Maria School of Law, Ann Arbor, Michigan, has already been established to the satisfaction of the American Bar Association." - Joseph Falvey
Follow the comments and analysis at Fumare
Click on "More..." (below) for introductory information, excerpts from the Falvey Report, a timeline of events leading to the report, and a list of links to important documents and financial statements surrounding AMSL's finances.More...