David Schilli Quoted on ITT Tech Bankruptcy LitigationPDF
David Schilli was quoted on GoodCall.com, a source for news on higher education, regarding the bankruptcy lawsuits pending against ITT Technical Institute. Among other things, Schilli commented on a federal judge’s decision to grant the school trustee’s request to halt lawsuits filed by the Consumer Financial Protection Bureau and the Securities and Exchange Commission. He noted that “temporary holds do not spell impending doom for the lawsuits, but it may be difficult to obtain anything meaningful from the cases now that the schools have closed.”
Read “Future Uncertain for Regulator Lawsuits Against ITT Tech” here.