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Specializing in insolvency and complex commercial matters since 1974

Universal Health Care Group, Inc. Files Chapter 11 Petition - February 6, 2013

On February 6, 2013, the firm and its co-counsel, the firm of Katten Muchen Rosenman, LLP, filed a Chapter 11 Petition for Universal Health Care Group, Inc. The Debtor is a holding company that owned stock of four state-regulated HMOs and one state-regulated insurance company, as well as a non-regulated third party administrator. An order approving the sale of the stock of some of these entities for $33.5 million was entered on March 11, 2013. The firm’s representation in these cases is headed by Harley E. Riedel, Russell M. Blain, and Barbara A. Hart.