Finance & Banking › Bankruptcy › Nonprofit Law

Lehman Reaching Beyond the Grave

As widely reported, in the latest Lehman bankruptcy “fundraiser,” managers of the Lehman estate are now demanding millions of dollars from non-profit retirement homes, colleges and hospitals. Lehman claims that it was somehow...more

Restrictions on the Sale or Transfer of Assets of Not-for-Profit Debtors

Originally published in the New Jersey Law Journal - Vol. 211 - No 5 Monday, February 4, 2013. In 2012, a number of not-for-profit entities, including religious institutions, filed for bankruptcy relief in New Jersey....more

Nonprofit Strategic Partnerships: Building Successful Ones and Avoiding the Legal Traps

Overview * Joint Activities – Joint Programs – By Contract – Subsidiary Entities – More Complex • LLCs • Corporations * Promotional and Fundraising Affiliations – Corporate...more