backNEW YORK, Dec. 1, 2023 — The M&A Advisor has honored King & Spalding with its Healthcare/Life Sciences Deal of the Year award (between $50 million to $100 million) at the 2023 Future of Dealmaking Summit for the firm’s involvement in the chapter 11 bankruptcy cases of Delphi Behavioral Health Group, LLC and its affiliated debtors before the United States Bankruptcy Court for the Southern District of Florida (Fort Lauderdale Division).
The firm represented Brightwood Loan Services LLC and certain of its affiliated funds and entities, in their capacities as debtor in possession financing lenders and the ultimate credit bid purchaser of three substance abuse disorder, addiction and mental health treatment facilities via section 363 of the Bankruptcy Code.
The King & Spalding team was led by partners Roger Schwartz, Timothy Fesenmyer, Thomas Hawk III, John Sweet, Peter Montoni, senior associates Robert Nussbaum, Andrew Ketner and associate Michelle Muscara.