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Hospitals › Absolute Priority Rule

Pillsbury Winthrop Shaw Pittman LLP

Public Hospital Bankruptcy Under Chapter 9: A Success Story and a Powerful Tool

Pillsbury Winthrop Shaw Pittman LLP on

To the extent authorized by a State, Chapter 9 of the Bankruptcy Code allows municipalities (defined as a “political subdivision or public agency or instrumentality”) of that State – including public hospitals – to reorganize...more

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