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Morgan Lewis & Bockius (Washington, DC, San Francisco): Six health care regulatory specialists have left Sonnenschein Nath & Rosenthal to join Morgan Lewis & Bockius, five based in Washington, DC, and one in San Francisco. The six new partners, who join the firm's Food & Drug Administration and health care regulatory practice, are Joyce Cowan, a health care transactions and public policy attorney who has spent 20 years working with hospitals, drug makers and physicians groups, lobbying Congress and the Executive branch; Kathleen McDermott, a former assistant U.S. attorney and health care fraud coordinator in Maryland; John Rah, who advises health care service providers, suppliers and managed care groups; Albert Shay, who counsels hospitals and medical centers on a range of regulatory, compliance and transactional matters; Howard Young, formerly a senior attorney and deputy branch chief with the Office of Counsel to the Health and Human Services Office of Inspector General; and Reese Hirsch, who specializes in California state health care programs.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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