Featured Book


Prime Healthcare's Suit Against Christ Hospital's Buyer Barred

Friday, 06 December 2013 01:37
Rate this item
(0 votes)

The Hudson entities were the successful bidder in bankruptcy for essentially all of the assets of Christ Hospital, a New Jersey not-for-profit corporation. The sale, pursuant to a court-ordered auction process, was approved by Court order on March 27, 2012. That Order provided Hudson with what it contends are the benefits of broad "free and clear" protections as a purchaser of hospital assets per 11 U.S.C. Sec. 363(f).

Please log in or register to view the entire article

Login to post comments

Featured News

  • Takata Corp. et al. Proposes to Pay $47.4 Million to Key Vendors

    TK Holdings Inc. and other Takata Corp. units that have sought Chapter 11 protection are seeking approval from the U.S. Bankruptcy Court for the District of Delaware to pay $47.4 million of the $118 million owed to various third-party providers of goods and services.

    The Debtors are only seeking approval to pay the prepetition claims of "critical vendors", i.e. vendors, suppliers, service providers, and other similar parties and entities that are essential to maintaining the going concern value of the Debtors' businesses.

    Written on Tuesday, 27 June 2017 02:03 in Latest News Be the first to comment! Read 10 times Read more...