Resources
Experience

In re Narraguagus Bay Heath Care, et al.

Verrill represented the Official Committee of Unsecured Creditors in the jointly administered cases of Narraguagus Bay Heath Care and Chandler Bay Group, Inc., two entities that owned and operated nursing homes in Maine. In addition to advising the Committee with respect to the Debtors' financial condition and plan of reorganization, Verrill worked with special labor counsel to the Debtors regarding the negotiation of union labor contracts and assisted in the resolution of a Medicare recoupment dispute.

Following plan confirmation, Verrill was retained to represent the trustee for the unsecured creditors' trust. In this role, Verrill advised the trustee regarding creation and tax implication issues for the trust and engaged in preference litigation on behalf of the trustee.

Firm Highlights

Matter

Banking: Helping Non-Depository Trust Companies Do Business in Other States

Verrill has helped to form more non-depository trust companies in Maine than any other law firm. We have also helped our trust clients when they look to expand their business into other states. In...

Publication/Podcast

PPP Forgiveness Planning Scenarios

How to use this article: You already know that the Paycheck Protection Program (PPP) is highly complex, with intertwining conditions, exceptions, and definitions that defy simple explanation. This article assumes that you are pretty...

Publication/Podcast

60% Is Not a Cliff, Indeed

On June 11, the Small Business Administration (SBA) and the Treasury Department published important guidance that the revised 60% condition under the Paycheck Protection Program Flexibility Act will be applied proportionately, and not as...

News

Nearly 80 Verrill Attorneys Recognized by Best Lawyers® 2021, Including a Dozen Named Lawyers of the Year

(August 24, 2020) – Nearly 80 Verrill attorneys were recognized as "Best Lawyers" by Best Lawyers® 2021 , including 12 attorneys named “Lawyer of the Year,” a distinguished recognition for only a single lawyer...

Publication/Podcast

2019 First Circuit Review

Bankruptcy attorneys Nathaniel Hull and Stephen Segal co-authored the First Circuit case summaries for the Norton Bankruptcy Law Adviser in the March 2020 publication. The cases covered include, Darr v. Dos Santos (In re...

News

Paycheck Protection Program Focuses on Short-Term and Misses Long-Term Damages

On June 8, the Portland Press Herald published an article, "Revamped emergency loan program remains a short-term fix," discussing the Paycheck Protection Program's (PPP) extended deadlines and loosened restrictions, but lack of solutions to...

Publication/Podcast

The New PPP Math: 24 + 60 = > Forgiveness + > Paperwork

On June 5, the President signed into law the Paycheck Protection Program Flexibility Act. This is the second amendment to the Program, the first being on April 24, to increase funding levels to $659...

Matter

Banking: Establishment of Non-Depository Trust for National Company

Verrill served as special counsel to a national firm in the chartering and licensing of a Maine non-depository trust company as the client’s wholly-owned subsidiary. Non-depository trust companies are highly regulated, and the matter...

News

38 Verrill Attorneys, Across Four Offices, Recognized in 2020 Chambers & Partners Guide

(April 27, 2020) – Verrill has been rated as a Leading Firm in a total of ten categories and subcategories as evaluated by London-based Chambers & Partners , one of the world's most respected...

News

Verrill Partner Recognized as a Leading U.S. Bankruptcy and Restructuring Lawyer

(August 25, 2020) – Verrill partner Roger A. Clement, Jr. was recognized in the inaugural 2020 Lawdragon 500 Leading U.S. Bankruptcy and Restructuring Lawyers for excellence in his practice. Lawdragon introduced the first edition...