Loan defaults and financial distress among long term care (LTC) facilities, such as skilled nursing facilities (SNFs), assisted living facilities (ALFs) and memory care facilities, are on the rise. The COVID-19 pandemic has...more
2/3/2023
/ Assisted Living Facilities (ALFs) ,
Coronavirus/COVID-19 ,
Creditors ,
Default ,
Financial Distress ,
Financial Services Industry ,
Healthcare ,
Loans ,
Long Term Care Facilities ,
Long-Term Care ,
Nursing Homes ,
Skilled Nursing Facility
Recently, in Artesanias Hacienda Real S.A. De C.V. v. North Mill Capital, LLC; Leisawitz Heller, the Third Circuit held that creditors can pursue claims of the bankruptcy estate that have been abandoned by the trustee....more