When Colleges Fail Themselves: What Happens as a Turnaround Evolves Into a Wind Down
Connecticut Turnaround Management Association
Nov
1
2021
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
Speakers
P. Miyoko Sato
Panelist
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.