Bankruptcy and Insolvency

Sonnenschein's Corporate Reorganization & Bankruptcy Practice Group, together with the firm's Health Care, Financial Institutions & Lending, Corporate, Real Estate, Labor & Employment and other practice groups, works on a variety of matters across the nation relating to troubled or distressed situations in the health care industry.  Areas in which Sonnenschein has significant expertise include:

• Chapter 11 reorganizations
• Medicare and other government program overpayment issues
• Purchases or sales of distressed health care assets, both in bankruptcy and outside of bankruptcy
• Enforcement of non-competition and nonsolicitation agreements
• Restructuring and negotiation of covenant amendments, waivers and forebearance agreements
• Receiverships, conservatorships and interactions with regulatory authorities
• Licensure, certificates of need and related issues
• Facility closures
• Health care financing and sales of receivables