4 ms·
Other possibility is that they claim they spent the non-profut funds prior to going for-profit? It would be dubious to claim damages if the entity was effective
by lumost 3y ago
Other possibility is that they claim they spent the non-profut funds prior to going for-profit? It would be dubious to claim damages if the entity was effectively bankrupt prior to for profit creation.
- _heimdall 3y agoWouldn't that require notification to all interested parties of the nonprofit since its effectively killing off the nonprofit and starting a new entity?