L.A. Zoo nonprofit's bankruptcy case dismissed, boosting city in fight over $50-million endowment
A bankruptcy case filed by the nonprofit that runs the Los Angeles Zoo was dismissed by a court. The city attorney's office said the filing was made in bad faith to avoid paying the city. The dismissal supports the city's effort to control a $50‑million endowment meant for the zoo. The zoo will now continue operating under the city's oversight.
5.9Significance
1 source7.0Source trust