Creditors' Rights & Bankruptcy

Health Care - Bankruptcy & Restructuring

In the fast paced arena of health care finance, issues relating to receivables financing, third party reimbursement, asset sales and restructuring often come to bear upon health care professionals. The Creditors' Rights & Bankruptcy Service Group advise their health care clients as to the unique issues arising when a health care provider or lender in the health care field experiences an insolvency question. The Creditors' Rights & Bankruptcy Service Group provides services in advising clients as to asset sales, work-outs and restructuring, as well as representation in Chapter 7, 9 or 11 cases that involve health care providers such as doctors or hospitals. This representation covers the gamut from health care providers, to vendors, to landlords and lenders. Members of our Creditors’ Rights & Bankruptcy Service Group partner with members of our other practice groups, including the Health Care Group, Environmental & Natural Resources, Intellectual Property, Construction, Real Estate and Banking to provide a full service response to your business needs from coast to coast.

In the area of health care insolvency, our Creditors' Rights & Bankruptcy Service Group attorneys:

  • Negotiate the sale of assets including Certificates of Need
  • Restructure provider based receivable financing
  • Negotiate lease disputes including assumption/rejection in bankruptcy
  • Represent clients in Chapter 7, 9 and Chapter 11 health care cases
  • Advise lenders and trade creditors as to the recovery of their claims
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Press Releases

Elizabeth Lee Thompson Appointed to NKU Board of Regents

LEXINGTON, Ky.—Governor Andy Beshear has appointed Stites & Harbison, PLLC attorney Elizabeth Lee Thompson as a member of the Northern Kentucky University (NKU) Board of Regents.

by Stites & Harbison, PLLC July 13, 2021
Press Releases

Stites & Harbison Increases Rank on ABA Health Law Section’s Regional Top 10 List for 2020

LOUISVILLE, Ky.—The American Bar Association (ABA) Health Law Section has ranked Stites & Harbison, PLLC in 6th place in its Eighth Annual Regional Law Firm Recognition List for the South region for 2020.

by Stites & Harbison, PLLC April 14, 2021
Press Releases

Stites & Harbison Promotes Three Attorneys

LOUISVILLE, Ky.—Stites & Harbison, PLLC announced today that three attorneys have been promoted within the law firm effective January 2021.

by Stites & Harbison, PLLC January 04, 2021

The Coronavirus and Beyond: Strategies for Creditors During Uncertain Economic Times

In this recorded webinar, Creditors' Rights & Bankruptcy attorneys Elizabeth Lee Thompson, Brian M. Bennett, Chrisandrea L. Turner and John S. Wathen discuss the latest legal issues impacting businesses during these uncertain economic times.

by Elizabeth Lee Thompson, Brian M. Bennett, and Chrisandrea L. Turner November 13, 2020
Client Alerts

Finally: The CFPB Has Returned . . . to the Final Rule Implementing the FDCPA in the 21st Century

On Friday, October 30, 2020, the Consumer Financial Protection Bureau (“CFPB”) issued a new, long-awaited final rule to bring the Fair Debt Collection Practices Act (“FDCPA”) regulations into the 21st century. In announcing the change, the CFPB had the same idea as me: distinguishing the differences between pop culture and collection practices in 1977 and 2020.

by Stites & Harbison, PLLC November 02, 2020
Client Alerts

Joint Agency Cyber Alert Warns of Imminent and Credible Ransomware Threat Against U.S. Health Care and Public Health Sectors

A joint cybersecurity advisory alert issued October 28, 2020, warns of an imminent cybercrime threat to the U.S. health care sector.

by Sarah Cronan Spurlock, Ian T. Ramsey, and Dustyn B. Jones November 02, 2020