Insights on CCRC & Senior Living Task Force

ArentFox Schiff LLP has launched the Hospital Municipal Bonds Initiative, comprising a multidisciplinary group of lawyers with extensive experience in tax-exempt hospital financings, restructurings, workouts, and health care counseling.

Whether CCRC residency agreements are treated as leases or contracts under state law could impact the recovery of CCRC bonds in the event of the insolvency of the CCRC owner. Some states treat CCRC residency agreements as leases and others as contracts.