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Email Last month, the United States Court of Appeals for the Third Circuit issued an important, 28-page opinion that confirmed a jury verdict, holding former officers and directors of a not-for-profit health care provider in bankruptcy, jointly and severally liable to the facility’s creditors – in the amount of $2.25 million – for breach of fiduciary duty in failing to properly oversee and manage the non-profit entity. https://www.cadwalader.com/resources/clients-friends-memos/federal-appellate-court-ruling-sounds-the-liability-alarm-for-officers-and-directors-of-struggling-health-care-providers