With fewer than 30 attorneys, the bankruptcy and corporate restructuring practice group at Cole Schotz may be small. But last year, size didn’t stop the firm from making a big splash while continuing to carve out a niche in bankruptcies involving health care providers.
In New Jersey, Cole Schotz advised Saint Michael’s Medical Center on its long-anticipated sale to Prime Healthcare Services Inc., scoring bankruptcy court approval in November 2015 and then regulatory approval in March. Under the terms of the $62 million deal, the hospital will be able to largely maintain its current staff and continue serving the Newark area.
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