Education Corp. of America Creditors Aim to Force Bankruptcy

Monroe Capital Private Credit Fund II LP and other creditors file an involuntary Chapter 11 bankruptcy case against Education Corporation of America.

• Monroe, as lender under agented loan facility, lists a claim of about $1.5 million in court papers filed in Delaware
• Education Corp. of America was a for-profit colleage operator
  • SEE: For-profit College Closes Operations, Surprising Students
• Case is Education Corporation of America, 20-10034, U.S. Bankruptcy Court for the District of Delaware

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