Retail executives have felt the impact of the new and more demanding business environment in recent years. The rising challenges of new competition, technology, consumer demographics, etc., have caused unsettling shifts few could have predicted as the new millennium began. Major disruptive trends...

U.S. Bankruptcy Judge Shelley Chapman of the Southern District of New York issued a bench decision on March 8, 2016, in the Chapter 11 cases of Sabine Oil & Gas Corporation (Case No. 15-11835), authorizing the debtors to reject certain executory contracts between (i) Sabine and Nordheim Eagle...

A dispute arising from the bankruptcy cases of Sports Authority Holdings Inc. highlights an issue that could be at the forefront of upcoming retail bankruptcies and should always be considered by parties with credit exposure to distressed retailers. The dispute centered on the competing claims of...

Everyone knew that 2015 would be a daunting year for the North American energy sector, but it arguably surpassed even the worst of expectations and closed out the year at the nadir of a tumultuous and largely unanticipated downturn. Informed opinions largely agree that 2016 holds few prospects for...

Over the past decade, hospitals have been busy acquiring physician practices. This article provides an overview of this trend, considers the reasons behind it, describes some risk factors relating to this shift toward physician employment, and then suggests some safeguards for health systems and...

In most industries, certain commonalities in business operations make it possible for an outsider to learn the fundamentals reasonably well in a relatively short period of time. There is, however, one industry that seems to be struggling right now where this is not the case—healthcare. For...

As healthcare facilities reorganize, re-engineer, or otherwise optimize their revenue cycle management, an unfortunate by-product is a checklist of potentially hazardous oversights encountered in the field. A rural community hospital, for example, experienced major cash flow shortages that turned...

The healthcare transaction environment is unique in many respects, compared to most other industries, making it challenging to understand for the casual observer and experienced professional alike. Depending on the buyer and seller, geographic location, and type of business, there are a myriad of...

If insolvency and healthcare were elements on the periodic table, the isotope resulting from their combination would be highly unstable. Healthcare differs from other economic sectors because of the regulatory climate that pervades every aspect of the industry. Many industries are highly regulated...