Bernard Quoted on Debt-Relief Settlement with ITT Tech Lender
June 14, 2019
Wall Street Journal
Partner Richard Bernard was quoted in a Wall Street Journal article, “Students of Defunct ITT Tech to Receive $168 Million in Loan Forgiveness,” about a settlement between a lender for the private for-profit college that ceased operations in 2016 and the Consumer Financial Protection Bureau and a coalition of 44 states and the District of Columbia.
Bernard, who represents Student CU Connect CUSO LLC, which provided high-cost loans to ITT student borrowers, said the lender is gratified that the settlements are now becoming effective. He also said CUSO “acted properly and in good faith in entering into and administering the student loan program” at ITT Tech.
Related News
December 12, 2025
In the News
Foley Chairman and CEO Daljit Doogal Talks Firm Strategy and Growth, Featured in Media for Reelection
Foley & Lardner LLP Chairman and CEO Daljit Doogal is featured in The American Lawyer article, “Foley Board Taps Daljit Doogal for Second Term as Chair and CEO,” for his reelection to a second four-year term.
December 11, 2025
In the News
Carrie Hoffman Comments on SCOTUS Arbitration Jurisdiction Case
Foley & Lardner LLP partner Carrie Hoffman commented on the U.S. Supreme Court's decision to hear an arbitration jurisdiction case in the Law360 article, "High Court Arb. Jurisdiction Case May Impact W&H Cases."
December 10, 2025
In the News
Charles Gass Quoted on Health Care Implications of Colorado AI Act
Foley & Lardner LLP senior counsel Charles Gass detailed Colorado's Artificial Intelligence Act and its implications for health providers in the ColoradoBiz article, “Colorado leads nation on AI healthcare regulations.”