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News
October 20, 2016

In the News Today – October 20, 2016

  • Department of Education’s Defense-to-Repayment Rules May Have “Serious Financial Consequences”: Former students unable to secure well-paying jobs could team up with plaintiff lawyers to take advantage of new borrower defense rules proposed by the DOE. “It is easy to foresee a situation in which enterprising aggressive plaintiffs and class action lawyers will see an opportunity to assemble a group of law school or small liberal arts college graduates who have found it hard to find a well-paying job,” said Roel C. Campos, a former commissioner with the SEC. (Higher Education Tribune)
  • GCs Say Impact of Yates Memo Is “Becoming Clearer”: At the Association of Corporate Counsel’s 2016 Annual Meeting in San Francisco, a panel of in-house counsel and former U.S. Department of Justice chiefs discussed the Yates memo’s implications, including that it may “imperil companies” and change the dynamic between the DOJ and the business community, “handing leverage to the government and weakening the defenses of corporations.” (Law360)      

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