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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

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Speakers

P. Miyoko Sato

Panelist

P. Miyoko Sato is a Mintz Member 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.