Troutman Pepper 4th Circ. Win Confirms Derivative Sovereign Immunity for Student Loan Servicer
May 17, 2024
May 17, 2024
PHILADELPHIA, Pennsylvania, May 17 -- Troutman Pepper, a law firm, issued the following news:
Troutman Pepper prevailed in a decision on behalf of the Pennsylvania Higher Education Assistance Agency (PHEAA), one of the country's leading providers of student financial aid services. The U.S. Court of Appeals for the Fourth Circuit affirmed the district court ruling that PHEAA, the loan servicer, was entitled to derivative sovereign immunity and was not liable for the consequences of d . . .
Troutman Pepper prevailed in a decision on behalf of the Pennsylvania Higher Education Assistance Agency (PHEAA), one of the country's leading providers of student financial aid services. The U.S. Court of Appeals for the Fourth Circuit affirmed the district court ruling that PHEAA, the loan servicer, was entitled to derivative sovereign immunity and was not liable for the consequences of d . . .