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IN RE NASSON COLLEGE

Bankruptcy No. 282-00416, Adv. No. 87-2006.

80 B.R. 600 (1988)

In re NASSON COLLEGE, Debtor. NASSON COLLEGE, Plaintiff, v. NEW ENGLAND ASSOCIATION OF SCHOOLS AND COLLEGES, INC., Defendant.

United States Bankruptcy Court, D. Maine.

January 5, 1988.

Attorney(s) appearing for the Case

Gregory Tselikis, John Paterson, Bernstein, Shur, Sawyer and Nelson, Portland, Me., for plaintiff.

Robert Lizza, Sherburne, Powers & Needham, Boston, Mass., Kathleen Barry, Atty., Drummond Woodsum, Portland, Me., Courts Oulahan, Washington, D.C., David Fischer, Wildman, Harrold, Allen, Chicago, Ill., for defendant.

MEMORANDUM OF DECISION

FREDERICK A. JOHNSON, Chief Judge.

Nasson College, the Plaintiff, is a reorganized Chapter 11 debtor operating as a post-secondary educational institution in Springvale, Maine. The Defendant, the New England Association of Schools and Colleges, Inc. (NEASC), is a voluntary, self-governing organization whose members are accredited institutions. Among its functions NEASC undertakes to evaluate schools and colleges for accreditation....

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