Promise Healthcare CH. 11 Plan Confirmed After Lengthy Talks

Former hospital owner Promise Healthcare Group completed its Chapter 11 confirmation after months of negotiations with unsecured creditors. According to this release from Law360, "The plan calls for the creation of a liquidating trust that will pursue causes of action held by the estate and the creditors, with the proceeds being split among different classes of creditors."

John Tishler, Katie Stenberg, Blake Roth and Tyler Layne have represented Promise and its affiliates in the lengthy and complex negotiations.

To read the full release from Law360, go here.