Health Care Bankruptcy and Restructuring

The attorneys in the Creditors' Rights and Bankruptcy Service Group (CRABS) advise and represent their health care industry clients in workout negotiations, default and foreclosure and actions in state courts and in contested matters and adversary proceedings arising under Chapters 7, 11, 12 and 13 of the United States Bankruptcy Code. Typical clients include secured creditors, trade and other unsecured creditors, landlords, insurance companies, equipment lessors, creditors' committees, indenture trustees, liquidating trustees and preference and fraudulent conveyance defendants. Members of the CRABS group partner with members of other practice groups, such as the Environmental and Natural Resources, Intellectual Property, Construction, Real Estate and Banking and Health Care groups, to negotiate and litigate complex issues in United States Bankruptcy Courts from coast to coast.

Our CRABS group attorneys negotiate complex Chapter 11 reorganization plans; participate in stay litigation; negotiate and litigate secured creditor priority disputes; assist clients in filing involuntary cases; defend preference and fraudulent conveyance claims; prosecute bankruptcy appeals; negotiate and document the purchase of assets from debtors' estates; represent landlords and intellectual property owners in connection with motions for assumption or rejection; and defend lender liability claims. The firm's practical experience in workout negotiations and bankruptcy proceedings enables us to prepare both pleadings and transaction documents that may best survive the "acid test" of hostile bankruptcy filings. We advise both companies and lenders as to the creative possibilities of, and the dangers inherent in, bankruptcy filings and reorganizations.