Drell and Barnett confirm liquidating plan in the Chapter 11 case of Iberville Parish Hospital

December 01, 2009
Bradley L. Drell

The United States Bankruptcy Court for the Middle District of Louisiana confirmed the plan of liquidation proposed by River West, L.P., represented by Bradley L. Drell and Amanda W. Barnett. River West, L.P., was the fomer operator of River West Medical Center in Plaquemine, LA. 

The confirmation of the plan was a result of extensive settlement negotiations and successful litigation regarding competing lien rights to accounts receivables by a number of creditors, and also will enable a dividend to be paid to unsecured creditors.