Case number: 8:25-bk-80002 - Prospect Medical Holdings, Inc. - Texas Northern Bankruptcy Court

Case Information
  • Case title

    Prospect Medical Holdings, Inc.

  • Court

    Texas Northern (txnbke)

  • Chapter

    11

  • Judge

    Stacey G Jernigan

  • Filed

    01/11/2025

  • Last Filing

    04/29/2025

  • Asset

    Yes

  • Vol

    v

Docket Header
REFORM, DsclsDue, ClaimsAgent, COMPLEX, jntadmn, LEAD, EXHIBITS, SealedDocument



U.S. Bankruptcy Court
Northern District of Texas (Mega Docket DAL)
Bankruptcy Petition #: 25-80002-sgj11

Assigned to: Chief Bankruptcy Jud Stacey G Jernigan
Chapter 11
Voluntary
Asset


Date filed:  01/11/2025
341 meeting:  03/20/2025

Debtor

Prospect Medical Holdings, Inc.

3824 Hughes Avenue
Culver City, CA 90232
LOS ANGELES-CA
Tax ID / EIN: 33-0564370

represented by
James H. Billingsley

Duane Morris LLP
100 Crescent Court
Ste 1200
Dallas, TX 75201
214-257-7200
Fax : 214-257-7201
Email: JBillingsley@duanemorris.com

Thomas Robert Califano

Sidley Austin LLP
787 Seventh Avenue
New York, NY 10019
212-839-5575
Fax : 212-839-5599
Email: tom.califano@sidley.com

Veronica A. Courtney

Sidley Austin LLP
1000 Louisiana Street
Ste 5900
Houston, TX 77002
713-495-4572
Fax : 713-495-7799
Email: vcourtney@sidley.com

William E Curtin

Sidley Austin LLP
787 Seventh Avenue
New York, NY 10019
212-839-6745
Fax : 212-839-5599
Email: wcurtin@sidley.com

James Ducayet

Sidley Austin LLP
1 South Dearborn
Chicago, IL 60603
312-853-7000
Fax : 312-315-2908
Email: jducayet@sidley.com

Parker G. Embry

Sidley Austin LLP
2021 McKinney Avenue
Dallas, TX 75201
214-303-4879
Email: parker.embry@sidley.com

Dwight M. Francis

Sheppard Mullin Richter & Hampton, LLP
2200 Ross Avenue
Ste 20th Floor
Dallas, TX 75201
469-391-7400
Fax : 469-391-7401
Email: dfrancis@sheppardmullin.com

Robert S. Friedman

Sheppard Mullin Richter & Hampton, LLP
30 Rockefeller Plaza, 39th floor
New York, NY 10112
212-653-8700
Fax : 212-653-8701
Email: rfriedman@sheppardmullin.com

Alexandria Lattner

Sheppard Mullin Richter & Hampton, LLP
650 Town Center Drive, Tenth Floor
Costa Mesa, CA 92626
714-513-5100
Fax : 714-513-5130
Email: alattner@sheppardmullin.com

Alan H. Martin

Sheppard Mullin Richter & Hampton LLP
650 Town Center Drive, Tenth Floor
Costa Mesa, CA 92626
714-513-5100
Fax : 714-513-5130
Email: amartin@sheppardmullin.com

Jonathan E. Mitnick

Sidley Austin LLP
1999 Avenue of the Stars
17th Floor
Los Angeles, CA 90067
310-595-9500
Fax : 310-595-9501
Email: jemitnick@sidley.com

Jonathan W. Muenz

Sidley Austin LLP
787 7th Avenue
New York, NY 10019
212-839-5901
Fax : 212-839-5599
Email: jmuenz@sidley.com

Sean M. Nuernberger

Sidley Austin LLP
One South Dearborn
Chicago, IL 60603
312-853-7000
Fax : 312-853-7036
Email: sean.nuernberger@sidley.com

Rakhee V. Patel

Sidley Austin LLP
2021 McKinney Ave
Ste 2000
Dallas, TX 75201
214-981-3300
Fax : 214-981-3400
Email: rpatel@sidley.com

Steven J. Reisman

Katten Muchin Rosenman LLP
50 Rockefeller Plaza
New York, NY 10020-1605
212-940-8700
Fax : 212-940-8776
Email: sreisman@katten.com

Joshua I. Schlenger

Sheppard Mullin Richter & Hampton, LLP
30 Rockefeller Plaza, 39th Floor
New York, NY 10112
212-653-8700
Fax : 212-653-8701
Email: jschlenger@sheppardmullin.com

Steven E. Sexton

Sidley Austin LLP
1 S. Dearborn Street
Chicago, IL 60603
312-853-7000
Fax : 312-853-7036
Email: ssexton@sidley.com

Vincent P. Slusher

3633 Asbury St.
Dallas, TX 75205
214-478-5926
Email: vince.slusher@proton.me

Joseph Michael Toddy

Zarwin, Baum, DeVito, Kaplan, Schaer, Toddy, P.C.
2005 Market Street
16th Floor
Philadelphia, Ste 16th Floor
Philadelphia, PA 19103
215-569-2800
Fax : 215-569-1606
Email: jmtoddy@zarwin.com

Patrick Venter

Sidley Austin LLP
787 7th Avenue
New York, NY 10019
212-839-5300
Fax : 212-839-5599
Email: pventer@sidley.com

Anne G. Wallice

Sidley Austin LLP
787 Seventh Avenue
New York, NY 10019
212-839-6021
Email: anne.wallice@sidley.com

U.S. Trustee

United States Trustee

1100 Commerce Street
Room 976
Dallas, TX 75202
214-767-8967

represented by
Erin Marie Schmidt

United States Trustee
1100 Commerce St., Room 976
Dallas, TX 75242-1496
(214) 767-1075
Fax : (214) 767-8971
Email: ustpregion06.da.ecf@usdoj.gov

Elizabeth Ziegler Young

U.S. Trustee Office
1100 Commerce Street, Room 976
Dallas, TX 75242
(214) 767-8967
Fax : (214) 767-8971
Email: elizabeth.a.young@usdoj.gov

Creditor Committee

Official Committee of Unsecured Creditors
represented by
Daren Brinkman

Brinkman Law Group, PC
543 Country Club Drive
Suite B
Wood Ranch, CA 93065
818-597-2992
Fax : 818-597-2998
Email: firm@brinkmanlaw.com

Matthew Friedrick

Paul Hastings LLP
200 Park Avenue
New York, NY 10166
212-318-6000
Fax : 212-752-3454
Email: matthewfriedrick@paulhastings.com

Erez Gilad

Paul Hastings LLP
200 Park Avenue
New York, NY 10166
212-318-6000
Email: erezgilad@paulhastings.com

Kris Hansen

Paul Hastings LLP
200 Park Avenue
New York, NY 10166
212-318-6000
Email: krishansen@paulhastings.com

John Iaffaldano

Paul Hastings LLP
220 Park Avenue
New York, NY 10166
212-318-6000
Email: jackiaffaldano@paulhastings.com

Emily Kuznick

Paul Hastings LLP
220 Park Avenue
New York, NY 10166
212-318-6000
Email: emilykuznick@paulhastings.com

Kenneth Pasquale

Paul Hastings LLP
200 Park Avenue
New York, NY 10166
212-318-6000
Email: kenpasquale@paulhastings.com

Charles Martin Persons, Jr.

Paul Hastings LLP
2001 Ross Avenue
Suite 2700
Dallas, TX 75201
972-936-7500
Fax : 972-936-7501
Email: charlespersons@paulhastings.com

Gabriel E. Sasson

Paul Hastings LLP
200 Park Avenue
New York, NY 10166
212-318-6000
Fax : 212-752-3454
Email: gabesasson@paulhastings.com

Latest Dockets

Date Filed#Docket Text
04/29/2025Receipt of filing fee for Motion to Appear pro hac vice( 25-80002-sgj11) [motion,mprohac] ( 100.00). Receipt number A32467486, amount $ 100.00 (re: Doc[1700]). (U.S. Treasury)
04/29/20251717Certificate of service re: Debtors Motion for Entry of an Order (I) Approving and Authorizing (A) Assumption of Purchase Agreement, Entry into Releases on Behalf of the Sellers and Their Affiliates, and Entry into Transaction Documents, (B) Sale of Assets and Equity Interests Free and Clear of Interests, (C) Procedures Governing the Assumption and Assignment of Certain Executory Contracts and Unexpired Leases, (D) Assignment of Certain Permits and Contracts; (II) Dismissing the PHS RI Chapter 11 Case Effective as of the Closing Date; and (III) Granting Related Relief [Docket No. 590] and Notice of Sale Hearing Filed by Claims Agent Omni Agent Solutions, Inc. (related document(s)[590] Motion to sell property free and clear of liens under Section 363(f) Debtors' Motion for Entry of an Order (I) Approving and Authorizing Assumption of, and Entry into, the Astrana Purchase Agreement and Transaction Documents; (II) Dismissing the PHS RI Chapter 11 Case Effective as of the Closing Date; and (III) Granting Related Relief Fee amount $199, Filed by Debtor Prospect Medical Holdings, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C # 4 Exhibit D # 5 Exhibit E) filed by Debtor Prospect Medical Holdings, Inc.). (Osborne, Brian)
04/29/20251716Agenda for Hearing scheduled on 4/30/2025 Amended Agenda filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[709] Notice Notice of Rejection of Executory Contracts and Unexpired Leases filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[605] Order granting motion (I) Authorizing rejection of certain executory contracts and unexpired leases on nonresidential real property, (II) Approving procedures for future rejection of additional executory contracts and unexpired leases, and (III) Granting related relief (related document [8]) Entered on 2/12/2025.)., [714] Motion to convert case from chapter 11 to 7 , or in the Alternative, Compelling Immediate Payment of Post-Petition Rent. Fee Amount $15 Filed by Creditor The Foundation of Delaware County (PA) (Attachments: # 1 Proposed Order # 2 Exhibit B # 3 Exhibit C) (Cronenwett, Mark) Modified to the Original File Date of 2/14/2025; filed as part of #[676] on 2/21/2025., [893] Motion for relief from stay Fee amount $199, Filed by Creditor Ad Hoc Committee of Medical Malpractice Claimants Objections due by 3/21/2025. (Attachments: # 1 Exhibit A), [1144] Motion for relief from stay to Permit Continuation of Personal Injury Litigation and to Pursue Insurance Proceeds Fee amount $199, Filed by Creditor The Group of Medical Malpractice Claimants Objections due by 3/28/2025. (Attachments: # 1 Exhibit A), [1203] Motion for relief from stay Fee amount $199, Filed by Creditor Oumar Keita Objections due by 4/1/2025. (Attachments: # 1 Exhibit EXHIBIT A # 2 Exhibit EXHIBIT B # 3 Exhibit EXHIBIT C # 4 Exhibit EXHIBIT D # 5 Exhibit EXHIBIT E # 6 Exhibit EXHIBIT F # 7 Exhibit EXHIBIT G # 8 Exhibit EXHIBIT H), [1205] Motion for relief from stay Fee amount $199, Filed by Creditor Lakeina Shorts Objections due by 4/1/2025. (Attachments: # 1 Exhibit EXHIBIT A # 2 Exhibit EXHIBIT B # 3 Exhibit EXHIBIT C # 4 Exhibit EXHIBIT D # 5 Exhibit EXHIBIT E # 6 Exhibit EXHIBIT F), [1207] Motion! for relief from stay Fee amount $199, Filed by Creditor Shanera Raison Objections due by 4/1/2025. (Attachments: # 1 Exhibit EXHIBIT A # 2 Exhibit EXHIBIT B # 3 Exhibit EXHIBIT C # 4 Exhibit EXHIBIT D # 5 Exhibit EXHIBIT E), [1209] Motion for relief from stay Fee amount $199, Filed by Brian Chapis, Jennifer Chapis Objections due by 4/1/2025. (Attachments: # 1 Exhibit EXHIBIT A # 2 Exhibit EXHIBIT B # 3 Exhibit EXHIBIT C # 4 Exhibit EXHIBIT D # 5 Exhibit EXHIBIT E # 6 Exhibit EXHIBIT F # 7 Exhibit EXHIBIT G), [1321] Application for administrative expenses - Motion for Allowance of Administrative Expense Claim Under 11 U.S.C. 503(b) Filed by Creditor Fifth Third Securities, Inc., successor in interest to H2C Securities, Inc. Objections due by 4/14/2025., [1342] Application to employ Brinkman Law Group, PC as Attorney Filed by Creditor Committee Official Committee of Unsecured Creditors, [1432] Motion to extend automatic stay Debtors' Motion for Entry of an Order (I) Enforcing and Extending the Automatic Stay to the Non-Debtor Defendants named in the Lawsuits and (II) Granting Related Relief Filed by Debtor Prospect Medical Holdings, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B), [1434] Certificate of service re: Fee Statement of Houlihan Lokey Capital, Inc. for Compensation for Services and Reimbursement of Expenses as Investment Banker for the Debtors for the Period from January 11, 2025 Through February 28, 2025 [Docket No. 1378] Filed by Claims Agent Omni Agent Solutions, Inc. (related document(s)[1378] Notice FEE STATEMENT OF HOULIHAN LOKEY CAPITAL, INC. FOR COMPENSATION FOR SERVICES AND REIMBURSEMENT OF EXPENSES AS INVESTMENT BANKER FOR THE DEBTORS FOR THE PERIOD FROM JANUARY 11, 2025 THROUGH FEBRUARY 28, 2025 filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[307] Application to employ Houlihan Lokey Capital, Inc. as Other Professional Application of the Debtors for Entry of an Order Authorizing Retention and Employme! nt of Hou! lihan Lokey Capital, Inc. as Investment Banker to the Debtors as of the Petition Date Filed by Debtor Prospect Medical Holdings, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B # 3 Exhibit C), [727] DUPLICATE ORDER: SEE ORDER 726. Order Authorizing Retention and Employment of Houlihan Lokey Capital, Inc. as Investment Banker to the Debtors as of the Petition Date (related document [307]) Entered on 2/19/2025. (Tello, Chris) Modified on 2/20/2025.). filed by Debtor Prospect Medical Holdings, Inc.)., [1532] Motion for approval of agreed order rule 4001(d) re: (I) Modifying the Automatic Stay of Section 362 of the Bankruptcy Code, and (II) Granting Related Relief Filed by Debtor Prospect Medical Holdings, Inc. Objections due by 4/29/2025., [1587] Motion to pay DEBTORS EMERGENCY MOTION FOR ENTRY OF AN ORDER (I) AUTHORIZING THE DEBTORS TO IMPLEMENT A KEY EMPLOYEE RETENTION PLAN AND (II) GRANTING RELATED RELIEF Filed by Debtor Prospect Medical Holdings, Inc. (Attachments: # 1 Exhibit A # 2 Exhibit B), [1590] Emergency Motion to file document under seal. DEBTORS EMERGENCY MOTION FOR ENTRY OF AN ORDER (I) AUTHORIZING THE DEBTORS TO FILE THE UNREDACTED VERSION OF THE KEY EMPLOYEE RETENTION PLAN UNDER SEAL AND (II) GRANTING RELATED RELIEF Filed by Debtor Prospect Medical Holdings, Inc., [1639] Motion to compel Payment of Administrative Expenses and Objection to Debtors Emergency Motion for Entry of An Order (I) Authorizing the Debtors to Implement a Key Employee Retention Plan and (II) Granting Related Relief. EMERGENCY MOTION Filed by Creditor Hospital and Health Care Employees Pension Plan of Philadelphia and Vicinity Objections due by 4/28/2025. (Attachments: # 1 Declaration of Rhonda Murray # 2 Proposed Order), [1701] Motion to use cash collateral DEBTORS EMERGENCY MOTION TO APPROVE MODIFICATION OF DIP BUDGET Filed by Debtor Prospect Medical Holdings, Inc. (Attachments: # 1 Exhibit A)). (Califano, Thomas)
04/29/20251715Declaration re: PAUL RUNDELL IN SUPPORT OF THE DEBTORS OBJECTION AND REPLY TO HOSPITAL & HEALTH CARE EMPLOYEES PENSION FUND OF PHILADELPHIA AND VICINITYS EMERGENCY MOTION FOR PAYMENT OF ADMINISTRATIVE EXPENSES AND OBJECTION TO DEBTORS EMERGENCY MOTION FOR ENTRY OF AN ORDER (I) AUTHORIZING THE DEBTORS TO IMPLEMENT A KEY EMPLOYEE RETENTION PLAN AND (II) GRANTING RELATED RELIEF filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[1587] Motion to pay DEBTORS EMERGENCY MOTION FOR ENTRY OF AN ORDER (I) AUTHORIZING THE DEBTORS TO IMPLEMENT A KEY EMPLOYEE RETENTION PLAN AND (II) GRANTING RELATED RELIEF, [1588] Declaration). (Califano, Thomas)
04/29/20251714Objection to (related document(s): [1639] Motion to compel Payment of Administrative Expenses and Objection to Debtors Emergency Motion for Entry of An Order (I) Authorizing the Debtors to Implement a Key Employee Retention Plan and (II) Granting Related Relief. EMERGENCY MOTION filed by Creditor Hospital and Health Care Employees Pension Plan of Philadelphia and Vicinity) filed by Debtor Prospect Medical Holdings, Inc.. (Califano, Thomas)
04/29/20251713Supplemental Response opposed to (related document(s): [893] Motion for relief from stay Fee amount $199, filed by Creditor Ad Hoc Committee of Medical Malpractice Claimants, [1144] Motion for relief from stay to Permit Continuation of Personal Injury Litigation and to Pursue Insurance Proceeds Fee amount $199, filed by Creditor The Group of Medical Malpractice Claimants, [1203] Motion for relief from stay Fee amount $199, filed by Creditor Oumar Keita, [1205] Motion for relief from stay Fee amount $199, filed by Creditor Lakeina Shorts, [1207] Motion for relief from stay Fee amount $199, filed by Creditor Shanera Raison, [1209] Motion for relief from stay Fee amount $199, filed by Creditor Jennifer Chapis, Creditor Brian Chapis, [1443] Motion for relief from stay Fee amount $199, filed by Creditor GINA ST. ONGE IN HER CAPACITY AS THE ADMINISTRATRIX OF THE ESTATE OF FRED P. CANDORA JR, Creditor JEANNINE CANDORA, Creditor GINA ST. ONGE, Creditor KEVIN CANDORA) filed by Debtor Prospect Medical Holdings, Inc.. (Califano, Thomas)
04/29/20251712Motion for leave Debtors' Motion for Entry of an Order (I) Approving and Authorizing Mandatory Claims Resolution Procedures to Resolve Professional Liability and General Liability Claims; (II) Requiring the Debtors' Insurers to Satisfy their Obligations Under the Applicable Policies; and (III) granting Related Relief Filed by Debtor Prospect Medical Holdings, Inc. Objections due by 5/19/2025. (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C) (Califano, Thomas)
04/29/20251711Motion to file document under seal.Debtors' Motion for Entry of an Order (I) Authorizing the Debtors to Implement a Key Employee Incentive Plan and (II) Granting Related Relief Filed by Debtor Prospect Medical Holdings, Inc. (Califano, Thomas)
04/29/20251710Declaration re: Allison Hoeinghaus In Support of the Debtors' Keip Motion filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[1708] Motion to pay Debtors' Motion for Entry of an Order (I) Authorizing the Debtors to Implement a Key Employee Incentive Plan and (II) Granting Related Relief). (Califano, Thomas)
04/29/20251709Declaration re: Christopher J. Wells in Support of the Debtors' Keip Motion filed by Debtor Prospect Medical Holdings, Inc. (RE: related document(s)[1708] Motion to pay Debtors' Motion for Entry of an Order (I) Authorizing the Debtors to Implement a Key Employee Incentive Plan and (II) Granting Related Relief). (Califano, Thomas)