Nonprofits are big business, with more than 1 million entities contributing 5 percent of the U.S. gross domestic product. The size and prevalence of nonprofits are also visible in the donations of time and treasure. Last year, more than 63 million Americans volunteered their services to...
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Ryan Murphy is a shareholder at Fredrikson & Byron, P.A., and chair of its Bankruptcy, Restructuring & Workouts department. He represents companies and individuals in Chapter 11 bankruptcies and workouts and also represents receivers, assignees, and other parties in receiverships and assignments for the benefit of creditors. Murphy is a past president of the TMA, Minnesota Chapter and past chair of the Minnesota State Bar Association, Bankruptcy Section. Murphy can be contacted at 612-492-7310 or RMurphy@fredlaw.com.