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

Stites & Harbison Earns 2024 Regional Top 10 Honors from ABA Health Law Section

The American Bar Association (ABA) Health Law Section has ranked Stites & Harbison, PLLC in its 12th Annual Regional Top 10 Law Firm Recognition List. The firm ranked 5th on the South Top 10 list for 2024. Stites & Harbison has been honored 11 consecutive times on the South list.

by Stites & Harbison, PLLC December 10, 2024
Events

2024 Kentucky Health Law Institute

Date: 9/4/24 - 9/5/24

The Campbell House, 1375 South Broadway, Lexington, Kentucky

Stites & Harbison attorney Kelly Bryant is on the Planning Committee for the 2024 Kentucky Health Law Institute presented by UK Rosenberg College of Law. Healthcare attorney Shea Luna will be one of the speakers. The Institute is being held in Lexington, Kentucky September 4-5,

K. Kelly White Bryant and Stacy Shea Luna (Shea) July 11, 2024
Press Releases

Chrisandrea Turner Earns 2024 Lawdragon Global Honor in Bankruptcy & Restructuring

Lawdragon has named Stites & Harbison, PLLC attorney Chrisandrea Turner to the 2024 Lawdragon 500 Leading Global Bankruptcy & Restructuring Lawyers. Turner has been recognized four times by Lawdragon – three times in the U.S. guide and once in the current global guide, which replaces the U.S. guide. Turner is the only Kentucky attorney honored in 2024.

by Stites & Harbison, PLLC July 11, 2024
Events

Kentucky Hospital Association Annual Convention

Date: 5/20/24 - 5/22/24

Central Bank Center, 430 West Vine Street, Lexington, Kentucky 40507

Health care attorneys Shea Luna and Sarah Spurlock will be presenters at the Kentucky Hospital Association's Annual Convention in Lexington, KY being held May 20-22, 2024.

Stacy Shea Luna (Shea) and Sarah Cronan Spurlock April 22, 2024
Client Alerts

Significant Bankruptcy Issue Pending Before U.S. Supreme Court

In December 2023, the U.S. Supreme Court heard oral arguments in the case of Harrington v. Purdue Pharma, L.P., Case No. 23-124. Purdue Pharma is the drug manufacturer of the prescription opioid, OxyContin, an alleged contributor to a major public health crisis involving loss of life due to overdose. Chrisandrea Turner takes a look at the case in this Stites & Harbison Client Alert.

by Chrisandrea L. Turner April 04, 2024