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The Bank of New York Mellon Trust Company, N.A. v. Education Management II LLC et al
Case Number:
1:17-cv-04610
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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December 01, 2017
EDMC Seeks End To Marblegate's New Suit Over $15M Debt
Two affiliates of troubled for-profit college firm Education Management Corp. being pursued by Marblegate Asset Management over $15 million in debt have asked a Manhattan federal judge to dismiss the lender's latest suit, saying they haven't actually defaulted and the court has already weighed in on the matter.
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June 21, 2017
Marblegate Picks New Fight With EDMC After 2nd Circ. Loss
Marblegate Asset Management LLC, a lender to Education Management Corp. whose challenge to the troubled for-profit education firm's restructuring plan was thwarted by the Second Circuit, has filed a new suit to make the borrower pay its debts under an alternate legal theory.