Sears Methodist Retirement System and Affiliates Receive Consensual Chapter 11 Plan

United States - Texas

Sears Methodist Retirement System and its affiliates filed for Chapter 11 in the U.S. Bankruptcy Court for the Northern District of Texas, resulting in a consensual Chapter 11 plan. Our firm assisted Sears Methodist Retirement System and its affiliates with the filing, which involved resolving two issuances of public debt and significant regulatory issues. Sears Methodist Retirement System is the largest nonprofit senior living provider in Texas, with 11 facilities in eight cities.

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