Corinthian Colleges, Inc.

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Case overview

Case Number:

1:15-bk-10952

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. August 13, 2015

    Corinthian Students Allowed To File Collective $2.5B Claim

    A Delaware bankruptcy judge Thursday allowed the student committee in Corinthian Colleges Inc.'s bankruptcy to file a collective $2.5 billion claim for Chapter 11 plan voting purposes, over the objection of the U.S. Department of Education, which argued the unusual move does not protect students' priority claims.

  2. August 03, 2015

    Calif. Says Ch. 11 No Bar To Corinthian Disciplinary Action

    The California Department of Consumer Affairs pushed the Delaware bankruptcy court Friday to find that its disciplinary action against Corinthian Colleges Inc. isn't barred by the for-profit educator's Chapter 11 filing, joining several state agencies seeking a definitive ruling on whether their enforcement actions can go forward.

  3. July 27, 2015

    Corinthian Gets Nod To Put Ch. 11 Plan To Creditors

    A Delaware bankruptcy judge signed off Monday on Corinthian Colleges Inc.'s Chapter 11 disclosure statement, allowing the for-profit educator to start soliciting creditor votes for its recently revised liquidation plan.

  4. July 15, 2015

    States, Feds Say Corinthian's Ch. 11 Plan Is Too Vague

    The attorneys general of California and Massachusetts and the U.S. government lobbed objections Wednesday at Corinthian Colleges Inc.'s Chapter 11 plan, arguing it's much too vague and improperly tries to shield the for-profit educator from pending enforcement actions aimed at its lending practices.

  5. June 30, 2015

    Corinthian Judge Pushes Compromise In Collection Halt Bid

    A Delaware bankruptcy judge Tuesday urged both the Corinthian Colleges Inc. student committee, which is looking to halt student loan collection efforts, and the U.S. Department of Education, which opposes the measure, to come to some sort of compromise, or he will "impose" a solution next week.

  6. June 26, 2015

    Corinthian Students Say Stay Wouldn't Jam DOE Relief Plan

    The committee of students in Corinthian Colleges Inc.'s bankruptcy said Friday that its push to halt loan collection efforts is designed not to disrupt U.S. Department of Education proceedings to address the debt but to stop collectors coming after students until the debtors' liability for the money is determined.

  7. June 23, 2015

    Feds Slam Corinthian Students' Bid To Halt Collection Efforts

    The U.S. government took issue Tuesday with a bid from the committee of students in Corinthian Colleges Inc.'s Chapter 11 to have the bankruptcy court halt any collection efforts on their student loans, arguing it would disrupt a proceeding already in place to address the debt.