Evelyn J. Meltzer, a partner in the Corporate Restructuring and Bankruptcy Practice Group of Pepper Hamilton, was quoted in the September 15, 2017 Law360 article, "Bostwick Labs Gets Confirmation of Uncontested Ch. 11 Plan."
During a hearing in Wilmington, debtor attorney Evelyn J. Meltzer of Pepper Hamilton LLP told the court that the plan will appoint Bostwick’s restructuring adviser as an administrator to pursue possible claims against the company’s insiders and make any necessary distributions to creditors.
“This is a very important milestone in this case and we’re very thrilled to be here today,” Meltzer said of the uncontested hearing.
Meltzer said that an agreement had also been reached with the Centers for Medicare and Medicaid Services, the government agency that oversees payments under those health care programs, after several months of hard-fought negotiations related to overpayments to Bostwick. Language in the confirmation order placated the agency by reserving its rights.