PROSPECT MEDICAL HOLDINGS, INC. Bankruptcy Filing

Case Number: 25-80002

PROSPECT MEDICAL HOLDINGS, INC. filed a 11 chapter bankruptcy in the Northern District of Texas bankruptcy court on January 11, 2025. This is a voluntary filing; it was assigned the bankruptcy case number #25-80002.

PROSPECT MEDICAL HOLDINGS, INC. Filing Information

The bankruptcy petition for PROSPECT MEDICAL HOLDINGS, INC. showed assets in the range of more than $1B with liabilities in the range of more than $1B. PROSPECT MEDICAL HOLDINGS, INC. reports that the number of creditors is in the range of more than 100,000.

The debtor indicated their nature of business as Health Care. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.

PROSPECT MEDICAL HOLDINGS, INC. indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.

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PROSPECT MEDICAL HOLDINGS, INC. Docket Header

REFORM, DsclsDue, ClaimsAgent, COMPLEX, jntadmn, LEAD, EXHIBITS




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:  02/20/2025
Deadline for filing claims:  05/21/2025
Deadline for filing claims (govt.):  07/10/2025

Debtor
Prospect Medical Holdings, Inc.
3824 Hughes Avenue
Culver City, CA 90232
LOS ANGELES-CA
Tax ID / EIN: 33-0564370

rep. by 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 W. Ducayet
Sidley Austin LLP
One Dearborn
Chicago, IL 60603
United States
312-853-7000
Fax : 312-853-7036
Email:
 jducayet @ 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

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

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
   

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