Temp Nursing Giant MSN To Sell Assets To Creditors

Law360, New York (July 6, 2010, 2:35 PM EDT) -- Medical Staffing Network Holdings Inc., the nation's largest provider of per diem nurse staffing as measured by revenue, has filed for Chapter 11 bankruptcy and plans to sell substantially all its assets to its first-lien secured lenders.

The company, which places nurses and other health care professionals with hospitals to fill temporary needs, has both assets and liabilities of between $100 million and $500 million, according to a filing made Friday in the U.S. Bankruptcy Court for the Southern District of Florida.

MSN anticipates its operations...
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