Health Care Committee

ABI Committee News

Rejection of CBAs in a Liquidating Chapter 11 of a Health Care Entity

by: Mary Lane
Pachulski Stang Ziehl & Jones, LLP

Sam Maizel
Pachulski Stang Ziehl & Jones, LLP

In In re Karykeion, currently pending in the U.S. Bankruptcy Court for the Central District of California, the court recently reviewed the application of § 1113 of the Bankruptcy Code in the context of the liquidation of a chapter 11 debtor that had been operating two acute care hospitals. Keeping in mind that many hospitals are unionized, the Karykeion case presents interesting issues as it evaluates what a debtor must do when liquidating to satisfy § 1113 when a buyer is seeking to acquire a hospital without its collective bargaining agreement (CBA).

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36th Annual Lawrence P. King and Charles Seligson Workshop

The ABI is pleased to join the New York University School of Law and the NYU Center for Law & Business to present this year's 36th Annual Lawrence P. King and Charles Seligson Workshop on Bankruptcy and Business Reorganization on September 22-23 in New York. This two-day workshop includes a Basic Program designed for entry-level business bankruptcy lawyers, general practitioners and business professionals, as well as an Advanced Program for experienced practitioners and financial professionals. The program will again address the topics that practitioners need - fundamental business bankruptcy as well as advanced panels covering current issues. Click here to register today.