Law.com Subscribers SAVE 30%
Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
For-Profit Colleges
In 1992, Congress enacted a number of provisions as part of the Higher Education Act reauthorization in reaction to hearings held by the Senate Permanent Subcommittee on Investigations regarding abuses in the federal student aid program. One of the provisions is 20 USC 1002(a)(4)(A), which automatically makes any post-secondary school that files for bankruptcy ineligible to receive federal student financial aid (often referred to as Title IV funds) for its students. This automatic ineligibility is also set out in 34 CFR 600.7
The effect of the statute and the regulation is to deny to any post-secondary school suffering financial distress the rehabilitative opportunity available under Chapter 11 of the Bankruptcy Code. Instead, such school is left to liquidate its assets and, deprived of access to the government student loan program, frequently to abruptly and chaotically cease operations as in the recent case of Corinthian College, Inc. Why?
This premium content is locked for Entertainment Law & Finance subscribers only
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
- Stay current on the latest information, rulings, regulations, and trends
- Includes practical, must-have information on copyrights, royalties, AI, and more
- Tap into expert guidance from top entertainment lawyers and experts
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
Use of Deferred Prosecution Agreements In White Collar Investigations
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
How AI Has Affected PR
When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.
New York's Latest Cybersecurity Commitment
On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.