Insights
Non-Profit Hospital Boards and the Merger Market
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...
Read MoreThe Fiduciary Duties in the “Zone of Insolvency”
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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