EDMC, 58 School Affiliates Open Del. Ch. 7 For Windup

By Jeff Montgomery (June 29, 2018, 10:00 PM EDT) -- Education Management Corp. and 58 affiliates of the long-struggling for-profit schools firm entered Chapter 7 liquidation in Delaware bankruptcy court on Friday, less than four years after a $1.5 billion out-of-court restructuring with lenders and bondholders....

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