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Business matters can sometimes become very complicated. Whether it involves the formation of a business, writing contractual agreements, or resolving disputes, it is good to have a strong advocate who understands the needs both corporate and individual clients.
Schrom & Shaffer, P.C., strive to provide good results with a minimum of expense. Our attorneys help navigate simple and complex commercial disputes by providing clients with the knowledge and information necessary to make well informed decisions.
Schrom & Shaffer handles, including, but not limited to, litigation that can arise within the following business related areas.
- Business formation
- Incorporation
- Limited Liability Companies (LLCs)
- Limited Liability Partnerships (LLPs)
- Nonprofit Organizations and Associations
- Partnerships
- Business Succession Planning
- Director and Officer Liability
- Joint venture agreements
- Partnership agreements
- Shareholder buy/sell agreements
- Limited liability company operating agreements
- Commercial and private lending and loan documentation
- Contractual Disputes
Schrom & Shaffer have litigated many business matters. Below is an example of one such case.
Association to Save MCP, INC. v. Tenet Health Care Systems, INC. (2004)
Tenet Health Care Systems, Inc. purchased The Hospital Medical College of Pennsylvania ("MCP") from Allegheny Health System in September 1998. The MCP was first established in 1850 as the first women's medical college in the United States. The "MCP" was recognized within Philadelphia as being an important health care center on several counts including: being a high level trauma center, providing a high level of diagnostic and therapeutic medicine to the public, having a high volume of emergency room visits and providing charitable services to surrounding communities' underprivileged and uninsured people. People who otherwise could not afford medical care often found the MCP as a place of salvation in a healthcare system increasing driven purely by profits and not people. The MCP was also the only certified bio-terrorism decontamination center between New York City and Washington, D.C. The MCP had an important historical and social legacy within Philadelphia.
On December 18, 2003, Tenet's Vice-President of Pennsylvania operations announced they would be closing the hospital on March 31, 2004. Tenet Health Care Systems claimed to be closing the facility due to financial losses, contrary to evidence presented by Mr. Schrom which showed increasing revenues. Mr. Schrom represented thousands of doctors, nurses, staff and the community at large to prevent Tenet from shutting down the MCP. As the case progressed Schrom & Shaffer worked in consultation with Governor Rendell's Office and Senator Arlen Specter. Furthermore, the City of Philadelphia saw the MCP as a critical facility and worked with both Tenet Health Care and Mr. Schrom to see that the MCP would stay open and continue to serve the local community.
As a result of Schrom & Shaffer's advocacy in this case, an order was issued keeping the hospital open. In addition, Tenet Health Care Systems agreed to settle the case by selling the hospital to the Association to Save the MCP for one dollar ($1). This case was a landmark legal precedent. For the first time in history a hospital was prevented from closing its doors on the basis of corporate profits.
With the strong advocacy of Mr. Schrom and thousands of other concerned hospital employees and citizens, a hospital was saved and a health care conglomerate was taken to task for putting profits ahead of people.
The business world is becoming an increasingly complicated place every day. From the moment you start a business, to dealing all aspects of business relationships, it is in your best interest to have an advocate to guide you through the maze of business law. The Law Offices of Schrom & Shaffer are here to help guide you through this process. If you need any assistance with your business needs, please do not hesitate to contact us.
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