Nashville Senior Care, LLC Bankruptcy Case

Nashville Senior Care’s chapter 11 cases are now administratively closed after the Court entered a final decree closing the jointly administered cases, terminating Stretto as claims agent, authorizing disposition of remaining trust assets, and discharging the liquidating trustee once final distributions issue under the Final DecreeDkt. 1030.

The debtor entered chapter 11 on August 14, 2023, as part of a multi-debtor senior-care restructuring for Trousdale Foundation-affiliated operators with facilities across Tennessee, Ohio, and Florida, including Nashville Senior Care’s McKendree Village campus. The first-day record framed the case around a heavily secured capital structure: roughly $191.4 million of funded bond and bridge debt, with UMB Bank, N.A. serving as trustee and master trustee and liens asserted against substantially all real and personal property, revenue streams, Medicare and Medicaid receivables, deposit accounts, proceeds, and related records, as described in the Thomas Johnson first-day affidavitDkt. 24. The debtor sought immediate liquidity through an expedited DIP financing request, tying the early case path to continued operations and use of a budgeted financing package while the estates moved through chapter 11 under the DIP financing motionDkt. 13.

The case later included estate litigation against Nexus Capital XIII LLC through an adversary complaint seeking declaratory relief, reflecting a contested post-filing cleanup component rather than a simple administrative wind-down under the . By April 2026, however, the restructuring had reached its terminal posture: the Court found the estates ready for closure, relieved the claims agent after required claims-register handoff steps, authorized abandonment, destruction, or donation of remaining trust assets within the decree’s timing framework, and left only final-distribution mechanics, residual U.S. Trustee fee payments, and enforcement jurisdiction to be handled after closure.

Nashville Senior Care, LLC

Nashville Senior Care, LLC

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