A Conversation with David J. Kates, Partner, and Amy Cobb Curran, Partner Chapman and Cutler LLP

Conversations with the MarketPlace presents a conversation with David J. Kates,
Partner and Amy Cobb Curran, Partner with Chapman and Cutler LLP. One of the benefits of working with hospitals from across the country is meeting passionate people who are committed to providing the best advice, counsel, and strategies to healthcare organizations to ensure their financial viability. David and Amy are both such persons.
David is a partner and the Co-Practice Group Leader of Chapman's National Public and Health & Education Finance Department. His practice is focused on tax-exempt and taxable financings for nonprofit health care entities.
Amy is a member of the firm's National Public and Health & Education Finance Department and the Social Finance and Impact Investing cross-disciplinary team. Amy’s practice focuses on tax-exempt conduit financings for nonprofit hospitals, health care systems, senior living facilities, continuing care retirement communities, universities, and infrastructure projects.
During this conversation, David and Amy share their industry insights, details issues faced by hospitals in light of the pandemic, and provides suggestions to improve financial viability.
Topics covered include:
• Provides a broad overview of what laws govern the disclosure of information to investors
• Details the disclosure obligations that a hospital has in light of financial difficulties or challenges to operations due to events like COVID-19
• illustrates what constitutes “talking to the market”
• Provides detail on what a borrower should do when an investor calls
• Details the level of coordination necessary between communications with bondholders and rating agencies
• Identifies when a borrower should disclose information and the borrower’s disclosure obligations
If you have questions, please contact us at jbehn@warbirdcp.com. David can be contacted at dkates@chapman.com. Amy can be reached at curran@chapman.com.