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Legal and Regulatory Issues

Recent Trends: Limiting Liability for Career Colleges Under the Federal False Claims Act

By Martin M. Loring, Partner, Husch Blackwell LLP
One signature. It is the final act taken by educational institutions to gain access to federal student loans and grants for thousands of students. That one signature, however, may simultaneously expose recipient institutions to allegations of hundreds of millions of dollars in liability.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

Incentive Compensation: Who is Subject to the Ban? Who is Not?

By Robert B. Walker Jr., Senior Associate, Ritzert & Leyton, PC
Disclaimer: The contents of this article do not constitute legal or regulatory advice or counsel. Neither do they establish an attorney-client relationship of any sort. No person or entity should act, or refrain from acting, on the basis of the information discussed herein without seeking individualized, professional counsel as appropriate.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

Protecting Your School from Cybercrime and Inadvertant Data Breaches

By Michelle Hon Donivan, Partner, Duane Morris, LLP Data security breaches are practically a daily occurrence. Indeed, cybersecurity threats have become so prevalent that cyber security experts and U.S. Attorney General, Eric Holder, say that there are two types of companies in America, those that have been hacked and those that do not know they have been hacked.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

Conversion of a Postsecondary Educational Institution from a For-Profit to a Nonprofit, Tax-Exempt Entity

By Cooley LLP
This information is a general description of the law; it is not intended to provide specific legal advice nor is it intended to create an attorney-client relationship with Cooley LLP. Before taking any action on this information you should seek professional counsel.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

So you Want to be a Corporate Director? Practical Considerations of Director Liability

By Bill Ojile, Senior Vice President – Chief Legal & Administrative Officer, Alta Colleges, Inc.
When you think about boards of directors, it conjures up images of powerful people sitting at a long, sleek table in an oak-paneled, top-floor room debating weighty issues crucial to the corporation.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One

Why Structure a College or University as an L3C?

By Robert Lang, CEO, Americans for Community Development
The President and CEO of the Association of Private Sector Colleges and Universities, Steve Gunderson, has been a longtime colleague and friend. While he will admit to having advocated for the L3C concept during his previous leadership role at the Council On Foundations, he has also shared with me that his current purpose is not to promote one corporate structure over another.

Negotiated Rulemaking Committee on Affordability and Student Loans – Session One