Recently by Andrew H. Sherman
Real Estate
Bankruptcy Claims & Protections
The Bankruptcy Code is a powerful tool for debtors in assuming or rejecting unexpired issues in commercial real estate.
Read MoreHealthcare
The Unhealthy State of Healthcare
Sills Cummis & Gross insolvency specialist Andrew H. Sherman discusses an industry plagued with uncertainty and struggling to get back on its feet. His remarks have been edited for length and style.
CCBJ: As chair of your firm’s Creditors’ Rights/Bankruptcy Reorganization practice...
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In Re Bayou Shores SNF, LLC: Another Limitation on the Limited Jurisdiction of the Bankruptcy Courts?
Medicare and Medicaid reimbursement payments are the principal source of revenue for many hospitals and nursing facilities. These sources of revenue can be particularly important to distressed healthcare providers who seek reorganization under the Bankruptcy Code. Because governmental...
Read MoreIs Bankruptcy The Cure For Distressed Hospitals?
The financial woes leading to recent bankruptcies and closures of an increasing number of hospitals are attributable to many factors, including insufficient reimbursement from Medicare and Medicaid, insufficient contributions from state charity care programs which require hospitals to provide care...
Read MoreWhy Buy a Bankruptcy Claim When You Can Acquire A Distribution Right?
The trading of claims is a familiar practice in bankruptcy cases, both as a short-term investment vehicle and a long-term opportunity with the intention of obtaining a strategic position in the confirmation process.1 In certain instances, an investor can purchase a claim at a discount prior to the...
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