facebook linked in twitter youtube instagram
close

Frank P. Terzo

Partner

100 S.E. 3rd Avenue
Suite 2700
Fort Lauderdale, FL 33394
frank.terzo@nelsonmullins.com

Frank P. Terzo’s practice is devoted to a wide range of insolvency matters, including representation of corporate and consumer clients in complex workouts, bankruptcies, assignment for the benefit of creditors and receiverships.

He has also represented creditor’s committees and Chapter 11 and 7 trustees. In addition, his practice encompasses both the prosecution and defense of all...

+ Read More

Frank P. Terzo’s practice is devoted to a wide range of insolvency matters, including representation of corporate and consumer clients in complex workouts, bankruptcies, assignment for the benefit of creditors and receiverships.

He has also represented creditor’s committees and Chapter 11 and 7 trustees. In addition, his practice encompasses both the prosecution and defense of all forms of complex bankruptcy litigation, including preference, fraudulent transfers, and complex contested matters.

Over the last several years, Mr. Terzo represented a significant bank syndication that had a secured claim against one of the largest Florida-based HMOs. The parent company operated Medicare Advantage HMOs and PFFSs in Florida, Texas, and Nevada. The company generated over a billion dollars in revenue. His representation of the bank group produced a significant recovery, and funds are still being recovered through various sources including state receivers and a liquidating trustee in bankruptcy court.

Prior to practicing law, he spent 18 years in the healthcare industry, successfully starting up, managing, and operating various public companies. His experience in healthcare businesses has provided numerous opportunities to represent trustees and committees in hospital, nursing home, diagnostic center, and HMO cases, as well as appointments as Patient Care Ombudsman throughout Florida.

Because of his past experience in managing public companies and raising both debt and capital offerings, he has devoted much of his attention in the last several years to representation of both lending institutions and creditors’ committees in all aspects of insolvency and workout matters, particularly in the healthcare and time-share/condominium fields most recently.

forms of complex bankruptcy litigation, including preference, fraudulent transfers, and complex contested matters.

Over the last several years, Mr. Terzo represented a significant bank syndication that had a secured claim against one of the largest Florida-based HMOs. The parent company operated Medicare Advantage HMOs and PFFSs in Florida, Texas, and Nevada. The company generated over a billion dollars in revenue. His representation of the bank group produced a significant recovery, and funds are still being recovered through various sources including state receivers and a liquidating trustee in bankruptcy court.

Prior to practicing law, he spent 18 years in the healthcare industry, successfully starting up, managing, and operating various public companies. His experience in healthcare businesses has provided numerous opportunities to represent trustees and committees in hospital, nursing home, diagnostic center, and HMO cases, as well as appointments as Patient Care Ombudsman throughout Florida.

Because of his past experience in managing public companies and raising both debt and capital offerings, he has devoted much of his attention in the last several years to representation of both lending institutions and creditors’ committees in all aspects of insolvency and workout matters, particularly in the healthcare and time-share/condominium fields most recently.

Frank P. Terzo’s practice is devoted to a wide range of insolvency matters, including representation of corporate and consumer clients in complex workouts, bankruptcies, assignment for the benefit of creditors and receiverships.

He has also represented creditor’s committees and Chapter 11 and 7 trustees. In addition, his practice encompasses both the prosecution and defense of all... forms of complex bankruptcy litigation, including preference, fraudulent transfers, and complex contested matters.

Over the last several years, Mr. Terzo represented a significant bank syndication that had a secured claim against one of the largest Florida-based HMOs. The parent company operated Medicare Advantage HMOs and PFFSs in Florida, Texas, and Nevada. The company generated over a billion dollars in revenue. His representation of the bank group produced a significant recovery, and funds are still being recovered through various sources including state receivers and a liquidating trustee in bankruptcy court.

Prior to practicing law, he spent 18 years in the healthcare industry, successfully starting up, managing, and operating various public companies. His experience in healthcare businesses has provided numerous opportunities to represent trustees and committees in hospital, nursing home, diagnostic center, and HMO cases, as well as appointments as Patient Care Ombudsman throughout Florida.

Because of his past experience in managing public companies and raising both debt and capital offerings, he has devoted much of his attention in the last several years to representation of both lending institutions and creditors’ committees in all aspects of insolvency and workout matters, particularly in the healthcare and time-share/condominium fields most recently.

Experience

Following is a selected sampling of matters and is provided for informational purposes only. Past success does not indicate the likelihood of success in any future matter.

Representative Matters 

  • Counsel to Creditors Committee in a critical access hospital in the panhandle of Florida that engaged outside management to defraud third party health insurers of over $200 million dollars through a clinical laboratory scheme
  • Counsel to Creditors Committee of a medium-sized nonprofit community hospital located in Miami-Dade County
  • Counsel to a 300-physician member independent physician association (IPA) involved in litigation with local Miami-Dade County health maintenance organization
  • Representation of same IPA in structuring managed care at risk agreements with national HMOs
  • Represented several secured and unsecured creditors in the Chapter 11 proceedings of at least six assisted living facilities and skilled nursing facilities to assist debtor’s counsel in developing confirmed plans of reorganization
  • Represented both Chapter 11 and Chapter 7 trustees in operating and liquidating diagnostic centers, physician professional associations, and various physician practice management companies, including counsel to trustee in liquidation of a multidistrict PPM operating in Miami, New York and Los Angeles
  • Appointed by the U.S. Trustee’s Office as a patient care ombudsman for a skilled nursing home in Sarasota, Florida
  • Committee counsel to multistate upscale restaurant chain
  • Committee counsel to a multisite, state-of-the-art diagnostic center located throughout the state of Florida
  • Committee Counsel to several Time-share Chapter 11 proceedings in Orlando and South Florida
  • Lender counsel to a 216 Unit 30 story Condominium construction development in Miami-Dade County  

Previous Professional Experience

  • Adjunct professor, Nova Southeastern University Shepard Broad College of Law

Education

  • Nova Southeastern University Shepard Broad College of Law, JD, with honors (1991)
  • University of Cincinnati, BS, Economics (1970)

Admissions

  • Florida
  • U.S. Court of Appeals for the Eleventh Circuit
  • U.S. District Court for the Middle District of Florida
  • U.S. District Court for the Northern District of Florida
  • U.S. District Court for the Southern District of Florida
  • U.S. District Court for the Western District of Tennessee

Practice Areas

Industries

The bar rules of some states require that the standards for an attorney's inclusion in certain public accolades or recognitions be provided. When such accolades or recognitions are listed, a hyperlink is provided that leads to a description of the respective selection methodology.

  • Member, American Bankruptcy Institute, Committee on Health Care Insolvency
  • Member, American Health Lawyers Association
  • Member, Florida Fiduciary Forum
  • Former Director, Bankruptcy Bar Association of the Southern District of Florida
  • Member, Bankruptcy Faculty Advisory Board of St. John’s University School of Law, New York
  • Member, Advisory Board of the ABI’s Annual Alexander L. Paskay Bankruptcy Seminar in Tampa
  • Member, Advisory Board of the ABI Caribbean Conference
  • Board of Directors, Boys & Girls Clubs of Broward County
What's New
Idea Exchange
Top