Higher education providers and market exit: what would happen if a university became insolvent?

The financial headwinds facing the higher education sector are well-known. What is less clear is what would happen in practice if a university were to run out of money.

Date and location

  • Time
    -
    Location

    This webinar is hosted online via zoom.

    Cost
    Free of charge
    Event contact
    Sarah Adams +(44)(0)1223 222380 Contact Sarah

    Contact Sarah Adams

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    Speakers

Event description

The financial headwinds facing the higher education sector are well-known. What is less clear is what would happen in practice if a university were to run out of money. In this webinar, a panel of market-leading sector experts will consider the following questions: 

  • As the law currently stands, how would a higher education provider actually “exit” the market?
  • Does the sector need a special administration regime akin to the regime available to further education corporations?
  • What is the role of the Office for Students when a university becomes financially distressed - and what would its role be in the event of an exit?
  • How can strategic mergers and other forms of collaboration help to ensure sustainability within the sector? 

Drawing on real-life examples and the speakers’ deep sector experience, the session will provide practical tips for managing the risks associated with market exit. While the risk of a major provider exiting the market is perhaps remote, the financial outlook for the sector as a whole remains fragile. In this context, this session aims to help our clients understand the current legal and regulatory position and understand how their peers at other institutions are dealing with these challenges. 

If you have accessibility needs or require any adjustments to enable you to take part in these webinars, please let us know using our accessibility requirements form.

 

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By signing up Mills & Reeve will use the information you provide in accordance with our privacy policy. We may from time to time send you general updates by email or post that we think you will find of interest. This includes notification of upcoming events and updates or alerts containing relevant legal news. You can update your preferences at any time and will be able to easily unsubscribe from anything that you do not wish to receive.

We may record and share the webinar on our YouTube channel, with delegates. By joining this webinar session, you acknowledge that this session will be recorded and understand that we will take reasonable steps to protect the privacy of participants such as capturing video only of the Mills & Reeve hosts, not capturing chat text and responding to questions anonymously. Further information is available in our privacy policy for online meetings and voice calls.

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