Partner Ashley McDow published an article in Thomson Reuters Westlaw titled: “Ultra Vires-Mean Lien Fighting Machine.”
The article provides both health care and restructuring practitioners with a fundamental framework that will enable them to evaluate the potential benefit that pursuing an ultra vires action as part of an overall readjustment can provide. Armed with this analysis, the decision on whether to embark down the chapter 9 path of the bankruptcy code will be at the very least a more informed one.
Related Insights
July 17, 2025
Foley Viewpoints
Tricky Compliance Issues for Companies When an Executive Terminates Employment: Stock Options, Restricted Stock, and Other Equity Incentive Awards
Executive employment relationships are rarely permanent. When an executive or other senior-level employee terminates employment,…
July 17, 2025
Health Care Law Today
One Big Beautiful Bill: Slashed Budgets Will Disrupt the Medicaid Program
The new federal budget law, the One Big Beautiful Bill Act (the Act), enacted on July 4, 2025, makes dramatic changes to the Medicaid…
July 16, 2025
Foley Viewpoints
Changes to the College and University Endowment Tax
The One Big Beautiful Bill Act (OBBBA) modifies the excise tax on net investment income of private colleges and universities under…