Try our Advanced Search for more refined results

Marblegate Asset Management, L.L.C. et al v. Education Management Corporation et al

  1. January 07, 2015

    Attys Doubt Need For 2nd Trial In EDMC Restructuring Row

    A hedge fund suing to protect a $14 million investment in Education Management Corp. will likely not need a second trial to make its case that its debts can't be cut in a $1.5 billion restructuring that the cash-strapped education company expects to execute by mid-2015, its attorney said Wednesday.

  2. January 02, 2015

    EDMC Restructuring Unfair To Holdouts, Judge Says

    Education Management Corp. likely violated two hedge funds' rights by undertaking a $1.5 billion out-of-court restructuring that swaps their debt for stock, according to a recent opinion that gives broad effect to the creditor protections of the Trust Indenture Act.

  3. November 17, 2014

    EDMC Lenders Say Grudge Brought Restructuring To A Halt

    An ad hoc committee of lenders to bankrupt college operator Education Management Corp. on Thursday accused two noteholders of trying to stop the company's restructuring process out of a grudge against KKR Credit Advisors, one of EDMC's other lenders.