A federal District Court in Georgia has allowed the purchaser of distressed debt of Morris Brown College to proceed to try to prove that the African Methodist Episcopal Church, which has propped up the College by purchasing other debt and providing other subsidies, is the “alter ego” of the College and therefore directly liable for College debt. The College (“MBC”) was originally incorporated by the AME church in 1906 and was recognized as “an institution of the African Methodist Episcopal Church of Georgia.” In recent years, it has operated without authority to take any action in contravention of the principles or mandates of the church, although the limitation was removed in 2008. A...