Steward Health Care System LLC

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Case overview

Case Number:

4:24-bk-90213

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

March 27, 2025
Steward Health, Doctors Vie For $60M Delayed Comp Plan

Troubled hospital operator Steward Health battled against a group of healthcare providers in a Texas bankruptcy court Wednesday and Thursday for control of a pair of delayed compensation trusts worth $60 million, arguing over whether the plans are protected by the Employee Retirement Income Security Act.
March 07, 2025
Steward Health Gets OK For Deal On Transition Contracts

A Texas bankruptcy judge Friday gave Steward Health Care the go-ahead to turn over responsibility for transition services for the dozens of hospitals it has sold during its Chapter 11 case to another hospital chain.
March 06, 2025
Steward Vendor Blasts Bid To Sell Debtor Transition Contracts

A technology company that was contracted by Steward Health to help transition its former facilities to new management accused the troubled hospital system Thursday of trying to palm off its duty to pay the vendor and others for services provided during the debtor's bankruptcy case by selling their service agreements to a third party.
February 24, 2025
Steward Health Risking Patient Lives At Hospitals, Buyer Says

The buyer of eight Steward Health Care hospitals said the bankrupt company is putting patients' lives at risk by failing to provide funds and services it promised, urging a Texas federal judge to compel Steward to comply with contracts it signed as part of its hospital sales.
February 19, 2025
Trustee Deal Clears Path For Steward To Tap Latham In Ch. 11

Hospital operator Steward Healthcare cleared up the only objection to hiring a second law firm in its Texas Chapter 11, striking an agreement with the Office of the U.S. Trustee to limit services it plans to seek from Latham & Watkins LLP after two of its bankruptcy attorneys joined the firm last year.
February 18, 2025
Steward Says Mass. Owes $22M For Withheld Patient Claims

Steward Health Care has sued Massachusetts in Texas bankruptcy court to recover $22 million, which the insolvent hospital operator alleged it is owed for treating low-income patients in Massachusetts after the company filed for Chapter 11 relief.
January 24, 2025
Watchdog Flags Steward's Bid To Add Latham To Ch. 11 Case

Steward Health Care can't hire Latham & Watkins as the second law firm in its Chapter 11 case, the Office of the U.S. Trustee has told a Texas bankruptcy judge, saying it would add to a growing list of administrative claims that could get in the way of confirming a reorganization plan.
December 18, 2024
Steward Health Docs Say $60M Comp Plan Off-Limits

Four doctors participating in a Steward Health deferred compensation plan have asked a Texas bankruptcy judge to keep $60 million worth of assets from the plan's trust separate from the hospital operator's Chapter 11 estate, arguing that the burden is on the debtor to prove the plan trust is exempt from Employee Retirement Income Security Act protections.
December 09, 2024
NY Diocese Plan Confirmed, Bankruptcy Bills Reintroduced

A diocese covering 132 Roman Catholic parishes on New York's Long Island has secured confirmation of its Chapter 11 plan in a case it started four years ago. An Oregon federal judge has ruled that memos tied to an ethics scandal in the Southern District of Texas' bankruptcy court aren't shielded by attorney-client privilege. And members of the U.S. Senate have renewed legislation to ban the controversial "Texas two-step" bankruptcy maneuver and add protections for rank-and-file workers impacted by corporate insolvencies.
December 06, 2024
Under The Radar: Bankruptcy News You May Have Missed

A Texas oil and gas driller is seeking permission to sell its oilfields, while the U.S. Trustee's Office is looking to shut another oil producer's yearslong Chapter 11 down, and creditors of a bankrupt medical implant maker are alleging the debtor's bankruptcy financing and sale plans are a way for its private equity sponsor to weasel out of product liability claims.

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