Q&A With Wiley Rein's Jason Gold
A. The Computer Learning Centers bankruptcy was a challenge. This was a publicly traded vocational school with locations in 22 states, with annual sales of around $250,000,000. They got into a dispute with the US Department of Education, which effectively shut them down mid-semester.
I was appointed the bankruptcy trustee with the hope that I could raise perhaps just a few hundred thousand dollars by selling off some desks, chairs and old computers. But we were able...
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