A behavioral healthcare company acquired a 131-bed psychiatric facility located in West Virginia. The company served as manager of the hospital and subsequently purchased the hospital and its related facilities by credit bid through an asset sale under 11 U.S.C. § 363.
Waller represented the behavioral healthcare company in the transaction and facilitated the direct negotiations of the purchase agreement, credit bid agreement and various other ancillary agreements and pleadings, ultimately allowing our client to expand its footprint as a nationwide psychiatric service provider.
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