Asset Securitization

  • Overview
  • Attorneys
  • News
  • Publications
March 29, 2011

This memorandum is intended as a brief comparison of the ways in which three categories of issuers of student loan debt may be treated in a bankruptcy proceeding under the Bankruptcy Code: (a) corporations, partnerships, limited liability companies and Delaware statutory trusts structured as special-purpose entities to be bankruptcy-remote; (b) non-profit (501(c)(3)) entities; (c) political subdivisions, public agencies or instrumentalities of a State.

Client Alert
March 21, 2011

On January 20, 2011, the Securities and Exchange Commission (“SEC”) adopted two separate releases implementing Section 943 and Section 945 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”).

Client Alert