Layne, Tyler
Tyler Layne
+1.615.850.8159

Overview

Tyler Layne is an attorney in Holland & Knight's Nashville office. Mr. Layne focuses his practice on healthcare restructurings, helping clients navigate the complex financial and regulatory overlay of restructurings in virtually every sector of this industry. He has substantial experience in corporate restructurings, representing debtors, secured lenders, indenture trustees, unsecured creditors, hedge funds, purchasers and other parties in connection with bankruptcies, receiverships, out-of-court workouts, assignments for the benefit of creditors, Section 363 and other distressed sales, debtor-in-possession (DIP) and exit financings, and related litigation.

Mr. Layne also has vast experience in real property, mezzanine, Article 9 and strict foreclosures, as well as the exercise of voting proxies. He represents boards of directors and other fiduciaries in connection with corporate governance matters implicated in special situations.

Mr. Layne has experience negotiating and closing complex financing transactions outside of bankruptcy, including asset-based and cash flow loans, sponsor financing, seller financing and venture capital financing. He has developed a particular focus in negotiating complex intercreditor arrangements, including 1L/2L, split collateral and mezzanine subordination agreements.

Representative Experience

  • Represents a national physician practice management organization in connection with its consideration of strategic alternatives
  • Represents a large Florida-based governmental health system in connection with its planned conversion from a governmental entity to a private, not-for-profit hospital system
  • Represents the largest secured creditor of a large Illinois-based skilled nursing facility operator in their Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware
  • Represents the largest mortgage lender to a national long-term acute care hospital company in connection with its out-of-court restructuring efforts
  • Represents the asset-based loan (ABL) agent in connection with the out-of-court liquidating of a national long-term acute care hospital company in connection with its out-of-court restructuring, which included the filing of multiple receiverships and an assignment for the benefit of creditors
  • Represents a national long-term acute care hospital operator and its affiliates and the related post-confirmation liquidating trust in their Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware
  • Represents the ABL agent in the Chapter 11 cases of a California-based skilled nursing facility operator and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Central District of California
  • Represents a mortgage lender to four assisted living facilities in Texas in connection with their out-of-court restructuring
  • Represented a large outpatient primary care provider in connection with its out-of-court restructuring
  • Represented a national behavioral health company in connection with the restructuring of its leases
  • Represented a mezzanine lender in the foreclosure of the equity interests in a continuing care retirement community
  • Represented Erlanger Health System in its evaluation of future options and the passage of a new state law authorizing the hospital to change from a governmental entity to a private, not-for-profit hospital system
  • Represented HCA in its acquisition of a 48-bed hospital in Texas out of its Chapter 11 case in the U.S. Bankruptcy Court for the Northern District of Texas
  • Represented Huntsville Memorial Hospital in its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas
  • Represented Little River Healthcare and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Western District of Texas
  • Represented the ABL agent in the Chapter 11 cases of Pipeline Health System and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
  • Represents a national operator of surgical facilities in the out-of-court restructuring of one of its investments and related litigation
  • Represents a private equity portfolio company in the out-of-court restructuring of its investment in a physician practice management services organization
  • Represents a middle market-focused, specialty finance firm in the out-of-court restructuring of its loan to a mobility products manufacturer and distributor
  • Represented a distressed sterile water manufacturer and distribution in its out-of-court restructuring and sale process
  • Represented HCA in its acquisition of the Forest Park Medical Centers located in Frisco, Dallas, and Austin, Texas, out of their Chapter 11 cases in the U.S. Bankruptcy Courts for the Northern, Eastern and Western Districts of Texas
  • Represented Almost Family in its acquisition of home health provider MD2U and its affiliates out of their Chapter 11 cases in the U.S. Bankruptcy Court for the Western District of Kentucky
  • Assisted a 140-bed not-for-profit hospital in winding down its operations and liquidating its assets in its Chapter 7 case in the U.S. Bankruptcy Court for the Eastern District of Arkansas
  • Represented the debtor-in-possession (DIP) lender in the Chapter 11 cases of Health Diagnostic Laboratory Inc. and its affiliates in the U.S. Bankruptcy Court for the Eastern District of Virginia
  • Represented the ABL agent in connection with a $145 million revolving credit facility to a hospital system exiting bankruptcy
  • Represented the ABL agent in connection with the Wisconsin Chapter 128 receivership Fortis Management Group and its affiliates
  • Represented the ABL agent in the Chapter 11 cases of a multilocation skilled nursing facility operator in the U.S. Bankruptcy Court for the Western District of Washington
  • Represented the two largest unsecured creditors of a multilocation skilled nursing facility operator in its Chapter 11 cases in the U.S. Bankruptcy Court for the Middle District of Tennessee
  • Represented the ABL agent in the Chapter 11 cases of a multilocation skilled nursing facility operator in the U.S. Bankruptcy Court for the District of Connecticut
  • Represented the ABL agent in the Chapter 11 cases of Allcare Medical and its affiliates in the U.S. Bankruptcy Court for the District of New Jersey
  • Represented Lifepoint Health in its acquisition of St. Francis Hospital, a 376-bed acute care hospital in Columbus, Georgia
  • Represented Lifepoint Health in its sale of Mercy Regional Medical Center, Acadian Medical Center and Minden Medical Center in Louisiana
  • Represented an international critical care product supplier in structuring a $50 million senior secured credit facility
  • Represented a regional bank through the structuring and closing of a $1.7 million term loan, $6 million revolving loan and $10.16 million mortgage loan to the owner and operator of skilled nursing facilities and a home health business
  • Represented multiple venture capital firms in the restructuring of various investments in early-stage and growth stage healthcare technology companies

  • Represents a multinational consumer electronics company in connection with the Chapter 11 cases of a Chilean telecommunications provider
  • Represents the receiver in connection with the receivership of a furniture wholesale company in the U.S. District Court for the Western District of Tennessee
  • Represents a private credit fund in connection with the Chapter 11 case of an automotive lender
  • Represented an online retail aggregator in its out-of-court restructuring and the ultimate sale to its senior secured lender in an Article 9 foreclosure
  • Represented the purchaser of the assets of an advanced custom metal fabricator in its Chapter 11 case in the U.S. Bankruptcy Court for the Western District of Kentucky
  • Represented the senior secured lender in the Article 9 foreclosure of a biotech company's assets, which included the resolution of complex issues related to foreclosure on intellectual property
  • Represented one of the largest custody wallet holders in the Chapter 11 bankruptcy proceedings of one of world's largest crypto lending institutions
  • Represented a distressed aftermarket auto parts manufacturer in its out-of-court restructuring, which involved a comprehensive debt restructuring and complex carve out sale of a business line
  • Represented FM Coal LLC and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Northern District of Alabama
  • Represented the second lien indenture trustee in the Chapter 11 cases of Energy XXI and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
  • Represented the second lien indenture trustee in the Chapter 11 cases of Cobalt International Energy and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
  • Represented the Roman Catholic Diocese of Harrisburg, Pennsylvania, in its Chapter 11 case in the U.S. Bankruptcy Court for the Middle District of Pennsylvania
  • Represented a private equity firm in the exercise of remedies and ultimate Article 9 foreclosure on the assets of a health-food manufacturer and distributor
  • Represented TransPecos Banks in Chapter 11 cases of KHRL Group LLC and Papa Grande Gourmet Foods LLC in the U.S. Bankruptcy Court for the Western District of Texas
  • Represented the Zohar Funds in the Chapter 11 cases of Dura Automotive and its affiliates, successfully obtaining a transfer of the cases from the U.S. Bankruptcy Court for the Middle District of Tennessee to the U.S. Bankruptcy Court for the District of Delaware
  • Represented investors in the out-of-court restructuring of their investment in a fast casual eatery
  • Represented a manufacturer of movable partitions and glass walls in its out-of-court restructuring efforts
  • Represented a children's media company in its out-of-court restructuring and successful recapitalization
  • Represented the lender to a trade magazine publisher in its out-of-court restructuring and ultimate sale
  • Represented GemCap Lending as senior secured lender in the Chapter 11 cases of Naturescape and Mountain Thunder in the U.S. Bankruptcy Court for the District of Hawaii
  • Represented a middle market-focused, specialty finance firm through the structuring and closing of a $96.3 million term loan, $5 million delayed draw term loan and $15 million revolving loan to provide acquisition financing to a third-party logistics provider

Credentials

Education
  • Georgetown University Law Center, J.D., magna cum laude
  • The University of North Carolina at Chapel Hill, B.A., Philosophy, summa cum laude
Bar Admissions/Licenses
  • New York
  • Tennessee
Court Admissions
  • All U.S. District Courts in Tennessee
  • U.S. District Court for the Eastern District of New York
  • U.S. District Court for the Southern District of New York
  • U.S. District Court for the Southern District of Texas
Memberships
  • STARS Nashville, Board Member, 2021-Present
  • American Bankruptcy Institute, 2017-Present
  • Turnaround Management Association, 2016-Present
  • Nashville Bar Association, 2014-Present
  • Tennessee Bar Association, 2014-Present
  • American Bar Association, 2012-Present
  • Young Leaders Council, Alumnus, 2017
  • The Phoenix Club, Alumnus, 2015-2017
Honors & Awards
  • The Best Lawyers in America guide, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2024, 2025
  • 40 Under 40, American Bankruptcy Institute, 2023

Multimedia

Publications

News