St. Vincent’s Bankruptcy Case

Weiss & Zarett, P.C. is pleased to announce that on October 21, 2010, Bankruptcy Judge Cecilia G. Morris approved a settlement in the St. Vincent’s bankruptcy case – reached by the firm on behalf of hundreds of former St. Vincent’s medical residents and attending physicians – challenging the hospital’s initial refusal to purchase “tail” medical malpractice insurance coverage for those former physician employees. Absent this settlement, hundreds of the hospital’s prior residents and attending physicians would have been uninsured for future potential medical malpractice losses and accompanying damages.  The Order was issued out of the Southern District of New York Bankruptcy Court, following motion practice and settlement negotiations orchestrated by Weiss & Zarett, P.C., partner Michael D. Brofman, Esq.