When nonprofit merger fails, parties sue

When nonprofit merger fails, parties sue

When the national ALS Association sought to eliminate its chapter structure and cause each of the regional chapters to merge with the national Association in 2021, most of the local chapters agreed.  The local chapter in San Diego agreed to transfer to transfer its assets of $2.7 million to the Association in return for the Association’s assuming responsibility for its obligations.  But before the merger was completed, the Chapter began to feel that the representations made by the Association were not correct and ultimately decided not to go through with the merger.  The Chap

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