Montgomery Mayor Steven Reed and state lawmakers reacted Tuesday afternoon to news that Jackson Hospital and Clinic, which he called "a cornerstone of our community’s healthcare system," filed for Chapter 11 bankruptcy protection. The financially-troubled hospital filed paperwork on Monday, court filings show. On Tuesday, U.S. Bankruptcy Judge Christopher L. Hawkins granted an emergency motion for an expedited hearing, which is set for 10 a.m. Wednesday at the U.S. Bankruptcy Court in Montgomery. Court documents indicate Jackson listed assets and liabilities of between $100 million and $500 million. In a list of 30 creditors who have unsecured claims, Jackson Hospital owes more than $28 million to CAPTA HEALTH PARTNERS, LLC, based in Chicago. Jackson Hospital officials have since confirmed the hospital and its clinics will remain open and operating as usual and says it’s focused on the care and safety of its patients.