Deal Team

Restructuring and Finance

Scott K. CharlesPartner
Emil A. KleinhausPartner
Michael S. BennPartner
Amy R. WolfOf Counsel
Neil ( Mac ) M. SnyderCounsel
Angela K. HerringCounsel
Michael H. CasselPartner
Joel M. SimwingaAssociate
Isaac G. HudisAssociate
Katherine P. WaldockAssociate

Litigation

Ralph M. LevenePartner

Medical Properties Trust in its global settlement with chapter 11 debtor Prospect Medical Holdings

March 19, 2025

On March 19, 2025, Medical Properties Trust, Inc. (NYSE: MPW) entered into a global settlement with chapter 11 debtor Prospect Medical Holdings and Prospect’s Official Committee of Unsecured Creditors. Under the settlement, Prospect will conduct a sale process for the benefit of MPT and other creditors, MPT will provide new financing to Prospect, and all disputes between Prospect and MPT have been resolved.

Wachtell, Lipton, Rosen & Katz is acting as legal advisor to MPT.