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Category Archives: Small Business Bankruptcy

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Can a Non-Profit File for Bankruptcy?

By Nowack & Olson, PLLC |

A headline out of Wisconsin caught our attention recently. A nonprofit, UNISON, filed for Chapter 7 bankruptcy protection earlier this month. UNISON ran senior centers and worked with young families in the Milwaukee area but ran into financial problems after the CEO embezzled funds from the corporation. The non-profit reported that it had between… Read More »

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The Disturbing Final Days for Retailer Gymboree

By Nowack & Olson, PLLC |

Business bankruptcies are sometimes hectic. As experienced attorneys who have helped many small businesses file for bankruptcy protection, we enjoy media stories that pull back the curtain on the final days before a large company heads to bankruptcy court to file their petition. The recent story in The Intercept about retailer Gymboree caught our… Read More »

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