The ruling is hilarious. An Indiana mayor awarded a $1.1 million dollar contract to a truck dealership, then went to the dealership afterwards and said “I need money.” He asked for $15k in cash, and was given $13k.
According to the SCOTUS this is not bribery because a bribe is an award for pre-agreed actions that is quid pro quo, and maybe the dealer just happened to feel generous to the person responsible for awarding them a lucrative contract after the fact. Only money in burlap sacks with dollar bills on them, with a person handing it over with a contract saying “this is a bribe” count as a bribe. Anything else is just a sparkling gratuity.
The process of legally converting a business to an employee-owned cooperative can vary significantly depending on what jurisdiction you’re in. There’s different criteria for creating one (some places might require more than 3 directors to create a Coop) and all sorts of statutory considerations unique to wherever you are.
If you’re serious about doing this, I would sincerely recommend reaching out for legal advice first. This is your livelihood, and you do not want to make a mistake that creates difficulty down the line. Depending on where you live, there may be a public interest organization, or business law clinic, that can provide some legal information for free. You could look up “(where you live) non profit legal assistance” and see if anything shows up.