Both museums have been flagship institutions for their respective cities, and both Detroit and the FMMA hired bankruptcy attorneys, but federal bankruptcy proceedings are much more contentious, expensive, and drawn out than dissolution proceedings under California’s insolvency law.
A struggle over possession of the archives left by Anne Frank and her family gets very ugly.
Sam Simon, co-creator of The Simpsons, in the face of a diagnosis of terminal colorectal cancer, has redoubled his already sizeable charitable giving in the areas of battling hunger and rescuing animals, while continuing to work in the entertainment industry.
New York University President John Sexton looks to turn NYU into a global brand, but faculty members say he is placing financial concerns ahead of educational concerns.
Massachusetts is one of only five states that have not approved a law requiring certain people with severe mental illnesses to take prescribed medications or face involuntary hospitalization.
Some suggest that charitable giving fuels inequality by making it seem more acceptable.