Healthcare Restructuring and Insolvency
Waldrep Wall Babcock & Bailey PLLC has a sophisticated healthcare insolvency practice, representing debtors, creditors, trustees, asset acquirers, and sellers of healthcare assets both in and out of bankruptcy.
When bankruptcy law intersects with healthcare law, effective solutions are crafted through experience and knowledge in this specific area. Our firm has significant and noteworthy experience in healthcare restructuring and insolvency matters. We have served as lead debtor’s counsel to a large hospital bankruptcy in North Carolina. We have advised a variety of healthcare providers experiencing financial difficulties, including hospitals, assisted living facilities, and skilled nursing facilities.
Tom Waldrep has served as Chapter 11 trustee in complex healthcare cases and the firm’s attorneys have served as lead counsel and special counsel for receivers and trustees of insolvent healthcare entities. Our attorneys also have significant experience in transactions involving distressed healthcare assets, both inside and outside of bankruptcy proceedings. We regularly represent lenders, private equity groups, financial institutions, asset acquirers, and sellers in buying, selling, and managing distressed healthcare assets, particularly in the Southeast. Our firm has significant experience in navigating clients through the sale process, either as purchasers, sellers, official committees of unsecured creditors, ad hoc committees, lenders, or parties in interest impacted by a sale.