New Delaware Chapter 11 Filing – American Hospice Management Holdings, LLC et al.
American Hospice Management Holdings, LLC and ten affiliated debtors have filed chapter 11 petitions before the United States Bankruptcy Court for the District of Delaware (Lead Case No. 16-10670). The cases have been assigned to the Honorable Laurie Selber Silverstein. The debtors are a multi-regional hospice management business with operations in Virginia, Texas, Arizona, Florida, Georgia, New Jersey and Oklahoma. The debtors have filed motions to obtain debtor-in-possession financing and to sell substantially all of their assets. The petitions (including the consolidated list of top 20 creditors), the first day declaration and the docket are available through Kurtzman Carson Consultants. The debtors have issued a press release regarding their restructuring.
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication.
Join Our Mailing List
Stay up to date with the latest insights, events, and more