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.

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