In re ProxyMed Transaction Services, Inc.

Young Conaway acted as co-counsel, along with Foley & Lardner LLP, to ProxyMed Transaction Services, Inc. and its affiliates, in their chapter 11 proceeding in the United States Bankruptcy Court for the District of Delaware. The Debtors were a multi-pronged information technology provider for the healthcare industry with electronic data exchange, laboratory, and cost containment business segments. With Young Conaway's assistance, the Debtors successfully conducted a sale of substantially all of their assets, wound down their operations, confirmed a joint plan of liquidation and emerged from bankruptcy protection in 2011.