Northern Berkshire Healthcare and North Adams Regional Hospital have approximately $43 million in secured, tax-exempt bond debt, as well as a substantially underfunded defined benefit pension plan.
The Ropes & Gray bankruptcy team is led by Boston-based bankruptcy & business restructuring partner Steve Hoort.
As hospitals and medical centers come under increasing economic pressure, they are frequently seeking ways to restructure their organizations. Ropes & Gray, with a leading health care practice ranked nationally by Chambers USA and a leading bankruptcy & business restructuring practice ranked nationally by U.S. News Best Lawyers, provides a deep knowledge of health care organizations and their unique business and financial structures. With industry-leading practices collaborating on virtually every form of insolvency or workout, the firm is uniquely positioned to advise these organizations during these challenging times.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.