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Pacifica Hospital of the Valley

The firm represented the creditors' committee in the bankruptcy case of Pacifica Hospital of the Valley, which operates a hospital near Los Angeles. The firm litigated against and successfully negotiated with the hospital’s secured creditors to achieve a settlement for the benefit of the unsecured claims. The settlement was memorialized into a plan, which paid $4,575,000 to unsecured creditors (the original offer from the hospital was for no money). After the plan was confirmed by the bankruptcy court, the firm represented the posteffective-date committee and the trustee tasked with enforcing the rights of unsecured creditors under the confirmed plan.