That means they can keep draining the company assets for their own fortune. And no agreement to the DOE letter means no need to adhere to the severance restrictions within the letter.
All staff just got hung out to dry and students f----ked. All so Modany, Feichner, Simich, and others can drain the remaining dollars from the company into their pockets.
Watch and learn about crime in action---will hold off on chapter 11/7 until they are each well taken care of. No oversight until then. Who will they leave the keys with when they finally decided to file?