- Development of Compliance Systems for Private Student Loan Lenders.
For several private student loan lenders, McGlinchey Stafford has developed the documentation and compliance systems required to support established private student loan programs. We have provided such support when clients have developed new loan products as well as when regulatory changes have required the adoption of new disclosure forms and the upgrade of their legacyMore
- Support of Financial Services Clients Adding Private Student Loan Programs.
McGlinchey Stafford has supported a wide variety of clients entering the private student loan space for the first time. In that role, we have created the complete set of consumer documents as well as the transactional documents governing the relationship between the lender, the servicer, and other parties to the loan program. The loan programsMore
- Due Diligence Reviews of Private Student Loan Companies and Portfolios.
McGlinchey Stafford has conducted due diligence reviews of private student loan companies and portfolios that our clients have considered purchasing. Those reviews include the in-depth analysis of compliance procedures, loan documentation, servicing procedures, and state licensing requirements applicable to the company or portfolio being acquired.
- Compliance Reviews for Private Student Loan Programs.
McGlinchey Stafford has conducted compliance reviews of private student loan programs in anticipation of a client’s public or private securities offering or other capital markets transaction in order to render legal opinions regarding compliance matters.
- Deep Knowledge of Government Enforcement Practices Was Crucial in Defending University Accused of Discriminating in Admissions
Where we started: An elite university was rumored to be discriminating against certain students based on race, by holding them to higher college admissions standards than applicants of other races. The university found itself the subject of a private Title VI discrimination lawsuit and a potential separate federal government probe. Federal law permits the U.S.More
- Establishing Permanent Funding for Charter Schools Required Defending New Orleans from a Constitutional Challenge
Where we started: The Minimum Foundation Plan is a method the State of Louisiana uses to fund public education. After the State and the City of New Orleans created numerous charter schools in Orleans Parish, teachers’ unions initiated a lawsuit alleging that The Minimum Foundation Plan was unconstitutional. The plaintiffs claimed that the charter schools wereMore
- Iberville Parish v. Louisiana Department of Education
The Louisiana Supreme court upheld State funding to Charter Schools. View the opinion here.
- Louisiana Supreme Court Issues Groundbreaking Decision on Public Education Funding, Handing a Major Victory to Students, Parents, and State School Board
We crafted a trial strategy presenting the proper evidence that would create a record in which any adverse rulings in the lower court ultimately could not be sustained.
- Parents Against Testing Without Teaching v. Board of Elementary and Secondary Education, 2000 31267 (5th Cir. 2001)
Jay O’Brien successfully defended the State Board of Education against constitutional challenges to Louisiana’s LEAP test. The LEAP test established minimum requirements for 4th and 8th grade students in order to obtain promotion to the next grade.
- Persistence and a Lean, Long-Term Strategy Made the Difference in Opening the Way for Charter Schools in New Orleans
Where we started: When Hurricane Katrina devastated the City of New Orleans, it destroyed most of the city’s public-school buildings. The planned rebuilding of the city’s education system included a prominent role for charter schools – a watershed moment for primary and secondary education in Louisiana. Teachers’ unions opposed the plan because charter schools replacedMore
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