Is Chapter 11 an Option for Your Nonprofit? – The Nuts and Bolts of Reorganizing
January 27 @ 1:00 pm - 2:00 pmFree
As revenues plummet due to the coronavirus pandemic, decisions regarding the future of a nonprofit’s existence are weighing heavy on the minds of many Michigan nonprofit leaders and board members. One option worth considering is a financial reorganization like the one the YMCA of Marquette County accomplished in 2017-18. This webinar will feature legal experts, including the attorney who represented the YMCA of Marquette County in its successful Chapter 11 reorganization. The goal will be to familiarize participants with the reorganization process both within and outside the context of a Chapter 11 proceeding so that they may be knowledgeable should their organization choose to further pursue this option.