New York—February 27, 2017—Robins Kaplan LLP® announced today that it has been appointed litigation co-counsel to the Chapter 7 Trustee for ITT Educational Services, Inc. and its affiliated debtors. The firm has been retained in connection with the investigation and prosecution of ITT claims against ITT’s former directors and officers (D&O claims).
The Trustee selected Robins Kaplan based on the firm’s successful record in high-stakes trial practice and in major bankruptcy matters. Robins Kaplan currently serves as counsel to the Corinthian Distribution Trust, established for the benefit of the stakeholders in the bankruptcy cases of Corinthian Colleges, Inc., the largest for-profit post-secondary education provider to file for Chapter 11 reorganization. Robins Kaplan also represented the Official Student’s Committee and the Official Corinthian Student Creditors Trust.
Robins Kaplan partner Ronald J. Schutz, chair of the National IP and Technology Litigation Group, managing partner of the New York office, and member of the firm’s Executive Board; Michael A. Collyard, founder and chair of the firm’s E-Discovery Group; and Richard B Allyn will lead the engagement with ITT.
Robins Kaplan’s Restructuring and Business Bankruptcy Group is a national leader in representing debtors and creditors’ committees, as well as other constituents, including investors, lenders, and indenture trustees, in corporate restructuring and business bankruptcy cases.
ITT’s bankruptcy case is pending in the United States Bankruptcy Court for the Southern District of Indiana (Case No. 16-07207-JMC-7A).
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