Hirschfield, Day, Ozturk and Beachdell Author Article About School District Financing

Articles / February 1, 2016

Partner Marc Hirschfield, Counsel James Day and Associates Ferve Ozturk and Alexis Beachdell authored an article that appeared in the February 2016 issue of School Business Affairs magazine. The article, “School Districts Under Financial Distress: Distressed School Districts Have a Number of Options to Set Them on the Path to Financial Recovery,” outlines restructuring options available to school districts facing financial instability. Chapter 9 bankruptcy, voluntary receivership and state takeover are among the strategies examined in the article. The authors conclude: “District administrators are well-advised to consider the availability, advantages, and pitfalls of various alternatives and to keep abreast of legal developments.”

Read the article.