Media Mentions
2007
William Smith was mentioned in an April 23 article published by The National Law Journal regarding companies who are trying to repair their finances after their loan customers defaulted in large numbers due to subprime credit. Mr. Smith discussed how McDermott has been working with banking and hedge fund clients on how to recoup some of the funds. This story was also reported in The Recorder and in the Daily Business Review.
William P. Smith, Restructuring & Insolvency
2006
William Smith was quoted in the October 19 issue of The National Law Journal regarding his experiences with hedge funds and their strong presence in bankruptcy or restructuring proceedings. "There's more pushing and shoving," he said.
William P. Smith, Restructuring & Insolvency
2005
William Smith was quoted in the April 4 issue of Modern Healthcare on proposed rules in the bankruptcy bill regarding bankruptcy hospitals and nursing homes exiting from Medicare and Medicaid. Bill commented that when a hospital or nursing home bankruptcy has arisen the various court circuits have handled the situation differently. Some circuits have decided that the CMS can exclude a provider in bankruptcy from Medicare without going through the bankruptcy courts while other circuits require that bankruptcy courts be involved in the decision.
William P. Smith, Health, Restructuring & Insolvency
2001
William Smith was quoted in the March 19 issue of Modern Healthcare in regard to the increase of bankruptcy filings by hospitals.