Represented a publicly-traded health care company in its acquisition, out of a chapter 9 municipal bankruptcy case filed in Mississippi, of substantially all of the assets of Natchez Regional Medical Center, a community hospital located in Natchez, Mississippi.
Represented a publicly-traded health care company in acquisition of a physician-owned surgical hospital in Arizona through confirmed chapter 11 plan of reorganization.
Represented a publicly-traded health care company in its acquisition, out of a chapter 11 pending in Florida, of substantially all of the assets of a bankruptcy physician practice through a 363 sale.
Represented a publicly-traded health care company in connection with the acquisition of a bankrupt physician’s membership interests in a Texas facility pursuant to a 363 sale.
Represented an investor group in connection with the purchase of a bankrupt hospice operator. The sale was consummated through a structured dismissal of the bankruptcy case and a post-dismissal of sale closing.
Represented the buyer of a rural hospital out of chapter 11 in Alabama, pursuant to a 363 bankruptcy sale.
Represented Key Rehabilitation, a physical therapy company with operations throughout the South and Midwest, in its chapter 11 bankruptcy proceedings.
Represented the nonprofit hospital Carraway Methodist Health Systems and several of its affiliates in chapter 11 bankruptcy proceedings. Creditor claims totaled over $140 million. Approximately seven weeks after the filing date, obtained court approval of the sale of substantially all the debtors’ assets, which preserved more than 1,000 local jobs. Within approximately eight months of the bankruptcy filing, obtained confirmation of a chapter 11 plan of liquidation.
Represented the buyer of nonprofit hospital Carraway Methodist in winding down the hospital’s operation under bankruptcy court supervision and liquidating its assets in a chapter 11 proceeding.
Corporate and health care counsel to Carecorps Management, which owned and operated 13 affiliated skilled nursing and assisted living facilities, in its Mississippi bankruptcy proceedings.
Represented a comprehensive care retirement community in out-of-court financial restructuring negotiations and in successful defense of a secondary lender’s efforts to have a receiver appointed over the borrower’s and primary lender’s objection.
Represented a financially distressed medical imaging business in a negotiated, friendly foreclosure sale of imaging facilities to a publicly-traded healthcare company.
Represented a national medical software company in various restructuring, bankruptcy, and collection matters with distressed community hospital clients.
Represented a publicly-traded ambulatory surgical services company in the chapter 11 bankruptcy of a medical equipment services company filed in Texas.
Represented a national bank in an out-of-court workout of a $10 million letter of credit facility with a distressed rural hospital, resulting in a full release of the letter of credit without any loss to the bank.
Represented an indenture trustee for bonds issued for the benefit of an Alabama skilled nursing facility. Successfully obtained appointment of a receiver and obtained expedited approval of a state court receivership sale of the facility.
Represented an indenture trustee in a chapter 11 case filed in the Southern District of Georgia where the bonds at issue were secured by the assets of a bankrupt skilled nursing facility.
Represents a national, publicly-traded health care firm in a fraudulent transfer action brought by the holder of a $376 million consent judgment against the firm’s former subsidiary.
Represented a national, publicly-traded heath care company in the collection of a $2.9 billion judgment against its former CEO.
Represents a regional healthcare facility in defense of multi-million dollar swap litigation in the Lehman Brothers bankruptcy pending in the Southern District of New York.