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Western State College of Law Joins Westcliff University
Wednesday 14 August 2019

14 August 2019 - A federal court in Ohio has approved acquisition of Western State College of Law by Westcliff University, the principals said.

The court order ends months of uncertainty and distress for the students, faculty, and staff of the 50-year-old Irvine-based law school. Western State was a campus of Argosy University, which was owned by Dream Center Education Holdings, LLC. 

Western State became the unfortunate victim of the financial problems of its parent, which entered receivership in January.

Westcliff University, based in Irvine, was founded in 1993 and is accredited by the Western Association of Schools and Colleges, Senior College and University Commission (WSCUC).

Westcliff offers undergraduate and graduate degrees in business administration, information technology and computer science, and education and TESOL both on-campus and online.

Founded in 1966, Western State College of Law is the oldest law school in Orange County, California. The college was first accredited by the American Bar Association in 1998 and counts many prominent attorneys, judges and politicians among its graduates.

Closing of the transaction requires final approval by regulators, which could take several months. Meanwhile, the Fall semester is about to begin.

To enable existing students to continue their studies uninterrupted, the acquisition had to be structured in two phases.

The first is a teach-out of current students. The second, the closing of the transaction, is expected late this year upon final regulatory approval.
Details
Date Published: 14/08/2019
Target: Western State College,  of Law
Country: USA
Sector: Business and Consumer Services
Type: Corporate acquisition
Financing:
Status: Agreed
Vendor:
Buyer: Westcliff University
Comment:
Terms of the deal were not disclosed

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