Steward Health Care System LLC

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Case Number:

4:24-bk-90213

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

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June 26, 2025
Under The Radar: Bankruptcy News You May Have Missed

The U.S. Trustee's Office opposed Prospect Medical's Chapter 11 plan disclosure on the grounds that the plan can't be confirmed because of its release provisions; hospital operator Steward Health Care's former captive insurer appealed a bankruptcy judge's decision to OK a settlement Steward struck with secured lenders; and Celsius Network asked a federal judge to let its lawsuit targeting blockchain analysis company Chainalysis Inc. continue.
June 13, 2025
Steward Health, Creditors Push Back On Case Conversion Bid

The official committee of unsecured creditors for Steward Health Care told a Texas bankruptcy judge on Friday the company's Chapter 11 case should not be converted to a liquidation, claiming the proposed restructuring plan is the only way for them to obtain meaningful recoveries.
June 02, 2025
Highland Plan Ruling Stayed, Franchise Group Plan Mostly OK

The U.S. Supreme Court paused a Fifth Circuit order invalidating certain liability shields in hedge fund Highland Capital's Chapter 11 plan, Vitamin Shoppe owner Franchise Group got most of its reorganization proposal confirmed in court and Steward Health Care's bankruptcy plan went out for creditor voting.
May 30, 2025
Judge OKs Steward Lender Deal, Ch. 11 Plan Vote

A Texas bankruptcy judge on Friday sent Steward Health Care's Chapter 11 plan out for a creditor vote and approved a settlement between the hospital chain and its secured lenders, saying the deal is the only way any other creditors will see a dime.
May 29, 2025
Steward Health Seeks OK For Lender Deal, Ch. 11 Plan Vote

Hospital chain Steward Health Care on Thursday asked a Texas bankruptcy judge to approve a settlement with its Chapter 11 lenders and send its bankruptcy plan out for a creditor vote, overruling arguments the deal would render the vote meaningless.
May 29, 2025
Under The Radar: Bankruptcy News You May Have Missed

A creditors committee objected to Party City's liquidator, Gordon Brothers, being classified as an estate professional entitled to funds in the retailer's bankruptcy. Blue Cross Blue Shield of Massachusetts challenged Steward Health Care's Chapter 11 liquidation plan, and the debtor proposed a revised plan featuring a settlement. And customer loyalty company Kognitiv moved to dismiss its Chapter 11 case, saying it has nothing left to sell.
May 27, 2025
US Trustee Wants Steward Health Switched To Ch. 7

The U.S. Trustee's Office is asking a Texas bankruptcy judge to convert Steward Health Care's Chapter 11 case to a court-supervised Chapter 7 liquidation, saying the hospital chain cannot pay the bills it has run up during its bankruptcy.
May 16, 2025
Bankrupt Steward Fights With Healthcare Providers Over $34M

Hospital chain Steward Health Care was in a Texas bankruptcy court Friday in a fight with Massachusetts and Florida healthcare providers over more than $34 million Steward claims is part of its bankruptcy estate.
May 15, 2025
Under The Radar: Bankruptcy News You May Have Missed

Warner Bros. asked a Delaware bankruptcy judge in Village Roadshow's Chapter 11 case to allow arbitration over profits tied to "The Matrix" films to continue. Rap artist Curtis "50 Cent" Jackson III asked to reopen his Connecticut bankruptcy, saying his confirmed Chapter 11 plan discharged a personal injury claim filed against him in New York. And the Second Circuit deployed the chief bankruptcy judge of the Eastern District of New York to help mediate adversary proceedings in Chinese exile Miles Guo's Chapter 11 case.
April 30, 2025
Steward Health Ch. 11 Plan Deal Would Fund Insider Suits

Hospital chain Steward Health is preparing to wrap up its decade and a half in existence, saying it has reached a deal with its lenders that allowed it to file a wind-down plan with a Texas bankruptcy court that will let it pursue potential claims against former management.

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