Nonprofit Assets in Bankruptcy: What Do the Rules Really Mean?

In re Boy Scouts of America and Delaware BSA LLC, 642 B.R. 504, 584 (Bankr. D. Del. 2022); In re Verity Health System of California Inc., 2019 WL 5585007 (Bankr. C.D. Cal. Oct. 23, 2019); John Hancock Mut. Life Ins. Co. v. Harris Trust & Sav. Bank, 510 U.S. 86, 94-95 (1993); United Sav. Ass’n v. Timbers of Inwood Forest Assocs., 484 U.S. 365, 371 (1988); Law v. Seigel, 571 U.S. 415, 421 (2014); Morton v. Mancari, 417 U.S. 535, 550-51 (1974); In re Irving Tanning Co., 469 B.R. 644 (B.A.P. 1st Cir. 2013); is In re Machine Menachem Inc., 371 B.R. 63 (Bankr. M.D. Pa. 2006); In re Save Our Springs (S.O.S.) Alliance Inc., 388 B.R. 202 (Bankr. W.D. Tex. 2008); Oregon Nat. Res. Council v. Thomas, 92 F.3d 792, 796 (9th Cir. 1996); United States v. Novak, 476 F.3d 1041, 1046 (9th Cir. 2007); United Sav. Ass’n v. Timbers of Inwood Forest Assocs. Ltd., 484 U.S. 365, 371 (1988); Russello v. United States, 464 U.S. 16, 23 (1983); FDIC v. Meyer, 510 U.S. 471, 476 (1994).