OSHKOSH, Wis. (AP) — Officials with the University of Wisconsin-Oshkosh’s private fundraising foundation say they will file for bankruptcy in the wake of a scandal involving a former chancellor and his chief business officer tied to several real estate ventures. The foundation filed a reorganization petition under Chapter 11 of the federal bankruptcy laws. Foundation chairman Tim Mulloy says the voluntary action will protect the university’s endowment, allow restructuring and help the foundation resume its mission of supporting UW-Oshkosh. The real estate projects were the subject of a lawsuit the UW System filed in January against former Chancellor Richard Wells and his chief business officer. The complaint alleges that they improperly funneled $11 million in university money into the projects through the private foundation.
Written by: Radio Plus
photo: waupun mayor rohn bishop The Waupun Common Council has postponed action on wage increases for paid on call firefighters and elected officials to get more public input. The council discussed the matter, sometimes heated, at their meeting this week and will take up the issue again at their April 8th meeting. If […]
todayMarch 27, 2025
A house fire near New Holstein claimed the life of a child. Shortly after 2am Wednesday firefighters were called to the scene on Honeymoon Hill Road near County Road T. A child in the home was pronounced dead at a hospital. The cause of the fire remains under investigation.
todayMarch 27, 2025
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