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Bank of America has filed a federal complaint against Notre Dame College, accusing the financially struggling institution of defaulting on more than $20 million in debt and demanding a court-appointed ...
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Notre Dame College sued by Bank of America for $20M debt, accused of improper use of endowment funds by Ohio AG Dave Yost - MSNOn May 23, Bank of America filed a complaint in U.S. District Court in the Northern District of Ohio, accusing Notre Dame College of failing in its obligation to pay back its over $20 million in debt.
The Ohio Attorney General’s office has expanded its lawsuit against Notre Dame College, saying the trustees signed away more ...
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Notre Dame College sued by Bank of America for $20M debt - MSNNotre Dame College closed in 2024, but is facing two separate complaints over millions in unpaid loans and alleged donor fund violations. ... Notre Dame College sued by Bank of America for $20M debt.
According to Bank of America's lawsuit, Bank of America, N.A. v. Notre Dame College et al. (1:25-cv-01061), the college was in default under the bond documents by April 2017.
CLEVELAND, Ohio — Defunct Notre Dame College’s legal troubles over its finances have mounted in recent weeks. The college owes $20.5 million to the Bank of America, and officials are facing ...
On May 23, Bank of America filed a complaint in U.S. District Court in the Northern District of Ohio, accusing Notre Dame College of failing in its obligation to pay back its over $20 million in debt.
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