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When Colleges Fail Themselves: What Happens as a Turnaround Evolves Into a Wind Down

Connecticut Turnaround Management Association


Date: November 1, 2021

Time: 12:00PM - 1:00PM (EST)

Location: Virtual Event

Miyoko Sato will be a panelist on the Connecticut Turnaround Management Association's webinar "When Colleges Fail Themselves: What Happens as a Turnaround Evolves in to a Wind Down." Though the COVID-19 emergency has battered many industries, it was not the beginning of what currently besieges colleges and universities. Issues have been brewing beneath the surface of these proud institutions for a long time. The discussion will address:

  • Academic wind down and "Teach-out" obligations
  • Closed School Discharge liabilities
  • Dealing with Title IV funding, the Department of Education and various other accrediting agencies
  • Retention of student transcript records
  • Corporate veil-piercing exposure to trustees and officers
  • Limited insolvency option

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P. Miyoko Sato


P. Miyoko Sato is the Chair of the Mintz Public Finance, Real Estate, Bankruptcy, and Environmental Division who represents mutual fund companies, investment advisory firms, insurance companies, and other institutional investors in connection with their investments in tax-exempt securities. She focuses on high-yield, tax-exempt securities.