4 ms·

Any case law dealing with companies with similar non-profit-Founding Agreements pivoting to for-profit companies?

• _heimdall 3y ago
  Not that I'm aware of, though its definitely not my area. I can't think of another example of a nonprofit that was so financially viable that it converted to for-profit though, usually a nonprofit just closes down.
  • catoc 3y ago
    If it's indeed the first, may be they will be given the leeway to set a legal precedent? One can hope.