Please join Baker Donelson for the fourth webinar in our 2016 Long Term Care series on Tuesday, May 10: "Stressed Out": Critical Bankruptcy Concepts for Lenders and Operators.
In this webinar, Mr. Lupinacci and Ms. Mahone will address critical issues that long term care lenders and operators must proactively address when facing insolvency. They will discuss bankruptcy concepts and rules supported by war stories and practical implications on topics including:
- proactive management of insolvency situations created by market forces, vendor pressures and government intervention and/or exclusion proceedings
- Chapter 11 bankruptcy planning and execution
- the automatic stay
- use of cash collateral and cash management issues
- transition of facilities to new operators through a Section 363 bankruptcy sale, a Section 365 lease assumption and assignment or through a confirmed plan of reorganization
- interacting with the government on provider agreements, recoupment and set off and de-certification proceedings
- the bankruptcy impact on non-bankruptcy assets