Steward Health Care System LLC

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Case overview

Case Number:

4:24-bk-90213

Court:

Texas Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

July 11, 2025
What's Happening In Bankruptcy Court This Coming Week

In the coming week, bankruptcy judges will weigh matters including hospital operator Steward Health's bankruptcy plan confirmation, U.S. recognition of the foreign insolvency of a Brazilian sugar producer and an asset sale for coal producer White Forest Resources Inc.
July 07, 2025
Steward Health Reaches $15.5M Deal With Fla. Hospital Buyer

Hospital operator Steward Health Care told a Texas bankruptcy judge Monday it had reached a deal with the buyer of eight of its hospitals to resolve claims over $55 million in disputed Medicaid payments, with Steward expected to recoup $15.5 million as part of the agreement.
July 03, 2025
Steward's Ch. 11 Plan Faces Mounting Opposition

Objections to hospital operator Steward Healthcare's Chapter 11 plan piled up, as parties including Humana Insurance Co. and Blue Cross and Blue Shield of Massachusetts Inc. opposed its injunction provisions.
June 26, 2025
Under The Radar: Bankruptcy News You May Have Missed

The U.S. Trustee's Office opposed Prospect Medical's Chapter 11 plan disclosure on the grounds that the plan can't be confirmed because of its release provisions; hospital operator Steward Health Care's former captive insurer appealed a bankruptcy judge's decision to OK a settlement Steward struck with secured lenders; and Celsius Network asked a federal judge to let its lawsuit targeting blockchain analysis company Chainalysis Inc. continue.
June 13, 2025
Steward Health, Creditors Push Back On Case Conversion Bid

The official committee of unsecured creditors for Steward Health Care told a Texas bankruptcy judge on Friday the company's Chapter 11 case should not be converted to a liquidation, claiming the proposed restructuring plan is the only way for them to obtain meaningful recoveries.
June 02, 2025
Highland Plan Ruling Stayed, Franchise Group Plan Mostly OK

The U.S. Supreme Court paused a Fifth Circuit order invalidating certain liability shields in hedge fund Highland Capital's Chapter 11 plan, Vitamin Shoppe owner Franchise Group got most of its reorganization proposal confirmed in court and Steward Health Care's bankruptcy plan went out for creditor voting.
May 30, 2025
Judge OKs Steward Lender Deal, Ch. 11 Plan Vote

A Texas bankruptcy judge on Friday sent Steward Health Care's Chapter 11 plan out for a creditor vote and approved a settlement between the hospital chain and its secured lenders, saying the deal is the only way any other creditors will see a dime.
May 29, 2025
Steward Health Seeks OK For Lender Deal, Ch. 11 Plan Vote

Hospital chain Steward Health Care on Thursday asked a Texas bankruptcy judge to approve a settlement with its Chapter 11 lenders and send its bankruptcy plan out for a creditor vote, overruling arguments the deal would render the vote meaningless.
May 29, 2025
Under The Radar: Bankruptcy News You May Have Missed

A creditors committee objected to Party City's liquidator, Gordon Brothers, being classified as an estate professional entitled to funds in the retailer's bankruptcy. Blue Cross Blue Shield of Massachusetts challenged Steward Health Care's Chapter 11 liquidation plan, and the debtor proposed a revised plan featuring a settlement. And customer loyalty company Kognitiv moved to dismiss its Chapter 11 case, saying it has nothing left to sell.
May 27, 2025
US Trustee Wants Steward Health Switched To Ch. 7

The U.S. Trustee's Office is asking a Texas bankruptcy judge to convert Steward Health Care's Chapter 11 case to a court-supervised Chapter 7 liquidation, saying the hospital chain cannot pay the bills it has run up during its bankruptcy.