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Autor/inn/enHunter, Richard J., Jr.; Shannon, John H.; Amoroso, Henry J.; Lozada, Hector R.
TitelTo Declare or Not to Declare [Bankruptcy]: That May Be the Question, a Tale of Bankruptcy in Higher Education
QuelleIn: Education Quarterly Reviews, 3 (2020) 2, S.170-193 (25 Seiten)
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Spracheenglisch
Dokumenttypgedruckt; online; Zeitschriftenaufsatz
ISSN2657-215X
SchlagwörterFinancial Problems; Higher Education; Organizational Change; Educational Finance; Debt (Financial); Administrative Organization; Tuition; Federal Legislation; Salaries; Contracts; Collective Bargaining; Unions; College Athletics; Educational Legislation; Gender Discrimination; Sex Fairness; Budgeting
AbstractThis case study provides the background for a discussion of the bankruptcy of a composite non-profit corporation under Chapter 11 of the Bankruptcy Code, and the possible alternatives available to bankruptcy. Topics considered include: reorganizations, the selection of a bankruptcy trustee or an examiner, duties of a non-profit board, the automatic stay, aspects of the creation and confirmation of the bankruptcy plan, priority of creditors, termination of employment contracts for tenured and non-tenured faculty and those faculty represented by a union, at-will employment, and Title IX implications for any bankruptcy filing. The case study then turns to a discussion of options and perspectives available in the case that bankruptcy under Chapter 11 is not seen as a viable or practical alternative. Could the real target of restructuring and cost cutting be academic tenure? (As Provided).
AnmerkungenAsian Institute of Research. 5th Floor, Kavling 507, Fajar Graha Pena Tower, Jl. Urip Sumohardjo No.20, Makassar, South Sulawesi, 90234, Indonesia. Tel: +62-411-366-2280; Fax: +62-411-366-2101; e-mail: editorial@asianinstituteofresearch.org; Web site: https://www.asianinstituteofresearch.org/eqr
Erfasst vonERIC (Education Resources Information Center), Washington, DC
Update2024/1/01
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