Weil partner, Joseph H. Smolinsky, will participate in a webinar with Aaron D. Lacey, partner at Thompson Coburn LLP, and Carol Flaton, managing director at Zolfo Cooper, LLC, to discuss rightsizing options in the higher education sector.
This webinar presentation will examine restructuring, reorganization, teach-outs, and similar rightsizing options, and focus on how these options can be used deliberately and appropriately to ensure the longevity and success of an institution and its students. The presenters will examine the historical stigma in this sector associated with bankruptcy and restructuring (which can direct or delay decision-making to the detriment of the institution and its students and stakeholders), and discuss how institutions that successfully manage rightsizing will be best positioned to serve their students and stakeholders, to unlock value, and to take advantage of future opportunities. The presenters will also discuss possible legislative fixes that, if implemented, could lead to a healthier and more financially stable industry.
This webinar will be held on September 30, 2014, at 2 PM Eastern.
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