Thomas Califano

Thomas Califano

DLA Piper

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Bankruptcy sales for distressed hospitals: 4 questions to ask before you begin

Over the last several years, a wide range of healthcare companies, among them hospitals, home health agencies and continuing care facilities, have faced financial distress as a result of declining revenues, high operating...more

9/12/2014 - Chapter 11 Commercial Bankruptcy Healthcare Hospitals

Unique aspects of sales involving nonprofit assets in bankruptcy

Sales of a debtor’s assets, either pursuant to section 363 of the Bankruptcy Code or through a confirmed chapter 11 plan of reorganization, have become increasingly common in recent years and are generally viewed as an...more

6/27/2013 - Chapter 11 Competitive Bidding Creditors Debtors Healthcare Sale of Assets Value Maximization

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