Insights

Non-Profit Hospital Boards and the Merger Market

Role of the Board

October 1, 2007

During this decade, non-profit boards have been confronted increasingly with the potential for merger and change-of-control (“merger market”) transactions. There has been a dramatic increase in the need for non-profit...

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The Fiduciary Duties in the “Zone of Insolvency”

Role of the Board

March 1, 2002

Directors of healthcare organizations normally owe fiduciary duties to their shareholders or, in the case of nonprofits, to the charitable mission of the organization. As an organization descends to bankruptcy,...

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