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The clinic says it was ‘forced’ into bankruptcy after the malpractice award
IOWA Metropolis — A Johnson County healthcare clinic that owes a $75 million malpractice judgment to mother and father of a newborn who suffers permanent brain harm mentioned its new filing for individual bankruptcy defense wasn’t a “tactic” to sue its insurance policies provider. Earlier this month, both of those the parents’ law firm and an additional Cedar Rapids attorney not associated in the case mentioned the clinic likely filed its bankruptcy petition in anticipation of a suing its insurance provider due to the fact the company hasn’t compensated the clinic’s policy limits of $12 million for thejudgment. Nevertheless, Dr. Jill Goodman with OB-GYN Associates, which has destinations in Iowa…
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Lawyer Thomas Lauria on a Future Bankruptcy Wave, Crypto ‘Liquidation Boom’
Thomas Lauria operates the bankruptcy group at White & Case in which clientele have included Hertz and Johnson & Johnson. His hardball techniques have acquired him a name as a “bulldog” in restructuring circles. Lauria spoke to Insider about what to hope when the subsequent wave of corporate financial loans arrive due. Thomas Lauria has viewed a ton of unpleasant battles in individual bankruptcy court. With interest prices and inflation soaring, he anticipates that he’ll quickly see a whole lot more. As the leader of the economic restructuring and insolvency exercise at White & Case, a prime legislation organization, Lauria is frequently sought out by struggling companies and their creditors…
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