Tyler Layne

Overview

Tyler Layne is an attorney in Holland & Knight's Nashville office. Mr. Layne has substantial experience in corporate restructurings, representing debtors, secured lenders, indenture trustees, unsecured creditors, hedge funds, purchasers and other parties in connection with bankruptcies, receiverships, out-of-court workouts, Section 363 sales, debtor-in-possession (DIP) and exit financings, and related litigation. Mr. Layne focuses his practice on healthcare restructurings, helping clients navigate the complex financial and regulatory overlay to restructurings in virtually every sector of that industry.

He also has experience negotiating and closing complex financing transactions outside of bankruptcy, including asset-based and cash flow loans, sponsor financing, seller financing and venture capital financing.

Representative Experience

Represents Erlanger Health System in its evaluation of future options and the passage of a new state law authorizing the hospital to change from a governmental entity to a private, not-for-profit hospital system
Represents Promise Healthcare Group and its affiliates and the post-confirmation liquidating trust in their Chapter 11 cases in the U.S. Bankruptcy Court for the District of Delaware
Represented Huntsville Memorial Hospital in its Chapter 11 case in the U.S. Bankruptcy Court for the Southern District of Texas
Represented Little River Healthcare and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Western District of Texas
Represented the asset-based lending (ABL) agent in the Chapter 11 cases of Pipeline Health System and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
Represents a national operator of surgical facilities in the out-of-court restructuring of one its investments and related litigation
Represents a private equity portfolio company in the out-of-court restructuring of its investment in a physician practice management services organization
Represents a middle market-focused, specialty finance firm in the out-of-court restructuring of its loan to a mobility products manufacturer and distributor
Represented a distressed sterile water manufacturer and distribution in its out-of-court restructuring and sale process
Represented HCA in its acquisition of the Forest Park Medical Centers located in Frisco, Dallas, and Austin, Texas out of their Chapter 11 cases in the U.S. Bankruptcy Courts for the Northern, Eastern, and Western Districts of Texas
Represented Almost Family in its acquisition of home health provider MD2U and its affiliates out of their Chapter 11 cases in the U.S. Bankruptcy Court for the Western District of Kentucky
Assisted a 140-bed not-for-profit hospital in winding down its operations and liquidating its assets in its Chapter 7 case in the U.S. Bankruptcy Court for the Eastern District of Arkansas
Represented the debtor-in-possession (DIP) lender in the Chapter 11 cases of Health Diagnostic Laboratory Inc. and its affiliates in the U.S. Bankruptcy Court for the Eastern District of Virginia
Represented the ABL agent in connection with a $145 million revolving credit facility to a hospital system exiting bankruptcy
Represented the ABL agent in connection with the Wisconsin Chapter 128 receivership Fortis Management Group and its affiliates
Represented the ABL agent in the Chapter 11 cases of a multi-location skilled nursing facility operator in the U.S. Bankruptcy Court for the Western District of Washington
Represented the two largest unsecured creditors of a multi-location skilled nursing facility operator in its Chapter 11 cases in the U.S. Bankruptcy Court for the Middle District of Tennessee
Represented the ABL agent in the Chapter 11 cases of a multilocation skilled nursing facility operator in the U.S. Bankruptcy Court for the District of Connecticut
Represented the ABL agent in the Chapter 11 cases of Allcare Medical and its affiliates in the U.S. Bankruptcy Court for the District of New Jersey
Represented Lifepoint Health in its acquisition of St. Francis Hospital, a 376-bed acute care hospital in Columbus, Georgia
Represented Lifepoint Health in its sale of Mercy Regional Medical Center, Acadian Medical Center, and Minden Medical Center in Louisiana
Represented an international critical care product supplier in structuring a $50 million senior secured credit facility
Represented a regional bank through the structuring and closing of a $1.7 million term loan, $6 million revolving loan, and $10.16 million mortgage loan to the owner and operator of skilled nursing facilities and a home health business
Represented multiple venture capital firms in the restructuring of various investments in early-stage and growth stage healthcare technology companies

Represents one of the largest custody wallet holders in the Chapter 11 bankruptcy proceedings of one of world's largest crypto lending institutions
Represented a distressed aftermarket auto parts manufacturer in its out-of-court restructuring, which involved a comprehensive debt restructuring and complex carve out sale of a business line
Represented FM Coal LLC and its affiliates in their Chapter 11 cases in the U.S. Bankruptcy Court for the Northern District of Alabama
Represented the second lien indenture trustee in the Chapter 11 cases of Energy XXI and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
Represented the second lien indenture trustee in the Chapter 11 cases of Cobalt International Energy and its affiliates in the U.S. Bankruptcy Court for the Southern District of Texas
Represented the Roman Catholic Diocese of Harrisburg, Pennsylvania in its Chapter 11 case in the U.S. Bankruptcy Court for the Middle District of Pennsylvania
Represented a private equity firm in the exercise of remedies and ultimate Article 9 foreclosure on the assets of a health-food manufacturer and distributor
Represented TransPecos Banks in Chapter 11 cases of KHRL Group LLC and Papa Grande Gourmet Foods LLC in the U.S. Bankruptcy Court for the Western District of Texas
Represented the Zohar Funds in the Chapter 11 cases of Dura Automotive and its affiliates, successfully obtaining a transfer of the cases from the U.S. Bankruptcy Court for the Middle District of Tennessee to the U.S. Bankruptcy Court for the District of Delaware
Represented investors in the out-of-court restructuring of their investment in a fast casual eatery
Represented a manufacturer of movable partitions and glass walls in its out-of-court restructuring efforts
Represented a children's media company in its out-of-court restructuring and successful recapitalization
Represented the lender to a trade magazine publisher in its out-of-court restructuring and ultimate sale
Represented GemCap Lending as senior secured lender in the Chapter 11 cases of Naturescape and Mountain Thunder in the U.S. Bankruptcy Court for the District of Hawaii
Represented a middle market-focused, specialty finance firm through the structuring and closing of a $96.3 million term loan, $5 million delayed draw term loan and $15 million revolving loan to provide acquisition financing to a third-party logistics provider

Credentials

Education

Georgetown University Law Center, J.D., magna cum laude
The University of North Carolina at Chapel Hill, B.A., Philosophy, summa cum laude

Bar Admissions/Licenses

New York
Tennessee

Court Admissions

All U.S. District Courts in Tennessee
U.S. District Court for the Eastern District of New York
U.S. District Court for the Southern District of New York
U.S. District Court for the Southern District of Texas

Memberships

STARS Nashville, Board Member, 2021-Present
American Bankruptcy Institute, 2017-Present
Turnaround Management Association, 2016-Present
Nashville Bar Association, 2014-Present
Tennessee Bar Association, 2014-Present
American Bar Association, 2012-Present
Young Leaders Council, Alumnus, 2017
The Phoenix Club, Alumnus, 2015-2017

Honors & Awards

Best Lawyers in America guide, Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law, 2024
40 Under 40, American Bankruptcy Institute, 2023