Bankruptcy & Restructuring

Healthcare

Andrew H. Sherman, Boris I. Mankovetskiy, Lucas F. Hammonds | Sills Cummis & Gross P.C.

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...

Bankruptcy & Restructuring

Kate Doorley | Weil, Gotshal & Manges LLP

Lien stripping is a topic that has frequently been in the bankruptcy news this summer in light of the U.S. Supreme Court’s recent decision in Bank of America v. Caulkett. Post-Caulkett, we here at the Weil Bankruptcy Blog queried whether the Dewsnup rule that liens could ride through a...

Bankruptcy & Restructuring

Edward H. Tillinghast, III, Blanka K. Wolfe | Sheppard Mullin Richter & Hampton LLP

The ability of a debtor in bankruptcy to retain valuable contracts while shedding burdensome ones is one of the greatest tools provided by the Bankruptcy Code. This power is critical to a debtor's chances of reorganizing successfully and extracting value from its assets, and is generally very...