Author Archives: Michael J. Berger
Kilgore v. KeyBank Appeal Briefing Complete
All of the briefing is complete in the 9th Circuit Court of Appeals in the California proposed class action case on behalf of California residents who attended Silver State Helicopters, obtained student loans from KeyBank to do so, and were still enrolled at SSH at the time that it filed bankruptcy. KeyBank has cited the […]
Student Loan Xpress Proposed Class Action Settlement Approved
Judge Merryday has issued his order granting final approval of the proposed class action settlement agreement for students that attended Silver State Helicopters School (“SSH”) and obtained student loans from Student Loan Xpress (“SLX”) and were still enrolled at SSH at the time that SSH filed bankruptcy. Judge Merryday has not yet entered a final […]
No Difference
Many of my clients with loans from Student Loan Xpress recently received a recently informing them that the loan servicer on their loan has been changed from Xpress Loan Servicing (XLS) to American Education Services (AES). This change does not make any meaningful difference to any of my clients. It does not change the owner […]
Settling with Jerry Airola and Thomas Pickett
James F. Lisowski, Sr., the Chapter 7 Trustee in the Silver State Helicopters, LLC Bankruptcy Case, wants to settle with Jerry Airola and Thomas Pickett and 2 of their companies. Jerry Airola was the founder and CEO of Silver State Helicopters, LLC (“SSH”). Thomas Pickett was the Chief Financial Officer of SSH. On November 3, […]
Student Loan Xpress Class Action Settlement Update
Former SSH Students with loans from Student Loan Xpress have been waiting a long time for Judge Merryday to approve or reject the proposed class action settlement. During this time, a lot of work was being done behind the scenes to try to improve the proposed settlement for the students and to address two concerns […]
Silver State Helicopters, Student Loan Xpress and KeyBank Update
Here is all of the latest news for clients of mine who attended Silver State Helicopters and have student loans either with Student Loan Xpress or KeyBank Student Loan Xpress The long delayed class action settlement pending approval before United States District Court Judge Steven D. Merryday is now once again (in my opinion) moving […]
Status of California KeyBank Litigation and KeyBank Settlements
Here is the latest word from our friends Andrew August and Kevin Rooney at Pinnacle Law Group regarding the status of the proposed class action case that they filed in California against KeyBank: “As we mentioned last week, the District Court granted KeyBank’s Motion to Dismiss. While this was extremely disappointing, the District Court went […]
New Letter From KeyBank
All former Silver State Helicopters students with outstanding loans from KeyBank can expect to receive a letter from KeyBank, typically dated June 15, 2010, based on the following template: KeyBank 4910 Tiedeman Road Brooklyn, OH 44144 Name Address Student Loan Acct# Dear __________________: KeyBank is corresponding with you regarding the loans that you obtained to […]
Status On Proposed Class Action Settlement With Student Loan Xpress
Judge Merryday still has not ruled on the proposed class action settlement agreement submitted for his approval on March 22, 2010.
KeyBank Settlement Offers Go Out to 42 Clients
On Friday, June 4, 2010 I e-mailed individual settlement offers from KeyBank, National Association and Great Lakes Educational Loan Services (collectively “KeyBank”) to 42 of my clients who obtained loans from KeyBank to attend Silver State Helicopters School. I anticipate e-mailing individual settlement offers to additional clients of mine with KeyBank loans as soon as […]