2nd Circle Maintains Navient Civil Service Loan Relief Agreement

By Sarah Jarvis (September 7, 2022, 10:03 p.m. EDT) — The Second Circuit on Wednesday confirmed approval of an agreement between loan manager Navient Corp. and a class of borrowers who accused him of failing to inform potential applicants of a loan forgiveness program for public service employees, while dismissing objections that the deal would not benefit the class.

U.S. Circuit Judge Raymond J. Lohier Jr., writing the panel’s opinion, dismissed arguments by two opponents that the Southern District of New York was wrong to certify a settlement class, approve awards for services rendered to named plaintiffs and to approve the settlement, which among other things included an award cy pres…

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