NYMA seal
Cornwall Schools

The cost of bankruptcy

The US Bankruptcy Court Southern District will hold a hearing at noon on Dec. 1 to consider the compensation requested by the legal firms representing NYMA and the academy’s unsecured creditors.

NYMA seal
Cornwall Schools

NYMA SOLD TODAY

SouFun Holdings Ltd., a company traded on the New York Stock Exchange, purchased NYMA this afternoon for $15.825 million. Earlier in the day the company’s stock had risen by seven percent.