Nonprofits: The Internal Struggles of Officers and Directors
This panel will explore the seemingly conflicting fiduciary duties of the officers and directors of nonprofit companies, identifying those duties and the statutory protections afforded those who are faced with making real-time decisions. The discussion will also explore challenges to the actions taken, including additional hurdles to asset sales under ? 363(d)(1), government agency investigations and oversight, and class action litigation.
American Bankruptcy Institute
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