Bankrupt

Revolutionizing Rehabilitation: Attorney Eric Goodman Introduces Innovative Plan for Bankrupt Prison Healthcare Provider

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Eric Goodman, a bankruptcy attorney with a keen interest in reformative strategies, recently took on a pivotal role in the Chapter 11 bankruptcy case of Tehum Care Services, a company specializing in prison healthcare. The case, which is being closely watched by legal and healthcare professionals alike, represents a significant challenge in a sector that is often fraught with operational and ethical complexities. Goodman, known for his innovative approaches in bankruptcy law, had been conceptualizing a new strategy for restructuring companies like Tehum Care Services that operate within the specialized and sensitive prison healthcare industry. … Read more

Bankrupt Houston Law Firm Forms Unique Deal with Creditor to Split Lawsuit Proceeds

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Houston, TX – In a strategic move amid bankruptcy proceedings, Houston-based MMA Law Firm PLLC has entered an agreement to share the revenue from its bulk of mass tort lawsuits with Equal Access Justice Fund LP, one of its principal creditors. This new deal could significantly affect the financial recovery of the firm, which has struggled financially in recent months. MMA Law Firm, known for its significant role in mass tort litigation, faced financial turmoil leading to its recent bankruptcy declaration. The partnership with Equal Access Justice Fund is seen as a pivotal strategy to … Read more

$56 Million Verdict for Brain-Injured Houston Man Faces Collection Challenges After Defendant’s Insurer Goes Bankrupt

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Houston, TX – A Houston jury recently decided in favor of Ezekiel Hernandez, a 22-year-old who suffered catastrophic brain injuries from a road accident during his childhood. Hernandez was awarded a substantial $56 million in damages after being struck by a truck while cycling. The compensation, however, faces significant obstacles due to the financial status of the defendant and their insurer. The truck driver currently incarcerated, complicating the process of compensation. Further complicating matters, the insurance company responsible for covering the driver’s liabilities has sought bankruptcy protection, raising questions about the likelihood of the full … Read more

Houston’s Bankrupt MMA Law Firm Forms Strategic Pact with Key Creditor to Share Litigation Proceeds

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Houston-based MMA Law Firm PLLC, currently navigating bankruptcy, has reached an agreement to divide the proceeds from its mass tort litigation with Equal Access Justice Fund LP, a principal creditor. This partnership marks a critical phase for the law firm as it seeks to resolve its financial difficulties. Founded a decade ago, MMA Law Firm initially specialized in personal injury and worker compensation cases, but eventually expanded its focus to include mass tort lawsuits, which involve claims from numerous plaintiffs against corporate defendants. The firm’s foray into this area significantly increased its caseload but also … Read more