Litigation
Sep. 19, 2014
Thomas Jefferson law school is working to cure defaults on $133 million in bonds
Officials at the troubled school say they have made up most of the missed payment and are devising options to restructure the school's debt.
Daily Journal Staff Writer
Officials at the troubled Thomas Jefferson School of Law said Wednesday they are working to cure default on bonds worth $133 million that the school took on to create its state-of-the-art building in San Diego.
The school missed its June 26 payment on the bonds, it said in a statement. But it has made most of the payment and is in "constructive dialogue with its bondholders" to restru...
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