Corporate Philanthropy and Financially Distressed Firms: Part II
Corporate charitable giving in the vicinity of insolvency: The Law
This is the fourth (and presumably final) post in my series on corporate philanthropy.
We started with the backstory of the leading case of AP Smith Mfg. v. Barlow and then dived into the law and economics of corporate philanthropy generally. The third post tackled the policy aspects of corporate giving when the company is in financial distress.
In this post, I take up the law governing corporate charitable giving by financially distressed firms.
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