By Porter Wright on The first six weeks of 2014 have been abundant with news and cases that provide insight for financial institutions (and other businesses) that need to be aware of regulatory, legislative and judicial developments and how they affect the U.S. business environment. Porter Wright attorneys have written several alerts and articles about recent cases and best … Continue Reading
By Porter Wright on 2013 was an active year for the Banking & Finance Law Report. Our authors covered a wide range of topics — from legislative and regulatory changes to court opinions to financing and bankruptcy matters in the healthcare, agricultural and oil and gas industries. To offer a glimpse into the news and trends of the past … Continue Reading
By Porter Wright on In mid-September, an Ohio appellate court rendered a decision in a long-pending dispute that raises an important issue for health care lenders: the impact of a contested certificate of need application. The impact of such a contest should be carefully considered by health care lenders. On September 18, 2012, the Ohio Tenth District Court of … Continue Reading
By Porter Wright on Financial institution executives of all sorts should consult a recent entry on our sister blog which summarizes the high court ruling on the Affordable Care Act, the name of the federal health care reform that was passed about two years. There will be more to come, but this is a good place to start for an in-depth understanding of the implications of the … Continue Reading
By Porter Wright on Banks and other financial institutions need to understand how federal and state laws may impact closing a lending transaction in connection with a change of ownership ("CHOW") of a health care facility ("HCF"). Various laws implicated in a CHOW frequently include federal Medicare laws and state licensing, certificate of need, and Medicaid laws. Under Medicare regulations, … Continue Reading
