Olshan Acts As Counsel to a Regional Hospital in the East Bay of San Francisco in a Unique Distress Termination
Regional Hospital in San Francisco
Olshan acted as counsel to a regional hospital in the East Bay of San Francisco in a unique distress termination matter. In the first case ever heard through the Pension Benefit Guaranty Corporation’s Pilot Mediation Program (which as a result of the resounding success is now a permanent PBGC program), Olshan had sought relief from an over $ 70 MM underfunding liability claim from the PBGC. Not only was Olshan successful in settling the matter before the PBGC, but also won relief from all associated IRS claims.