I work for a public college, which has "related entities". These are separate 501c3 not for profits, who board consists of college administrators and is operated by other college employees. Some of these entities are failing. Now the college wants to eliminate the successful one of these entities in an effort to take the assists to cover college and other related entity shortfalls. This action can adversely affect many employees of the college and more importantly employees of the coporation. It should be noted that the lead in the process serves as counsel for the college but serves on the board. is this legal? If people lose there jobs, is there any recourse? It should be noted that prior to my finding this out, counsel stated that she has been looking for ways to dissolve the corporation. This corporation, by the way, is in a surplus year over year and passes all audits and meets objectives consistently.