Bankruptcy Judge Denies Probe Of NJ Hospital Sale

Law360, New York (October 19, 2012, 6:21 PM EDT) -- A bankruptcy judge has denied a U.S. trustee's motion for a probe of allegations that an unsuccessful bidder for bankrupt Christ Hospital in Jersey City, N.J., tried a “power play” on an attorney for the estate to skew an auction for the hospital in its favor.

Hudson Hospital Holdco LLC beat out Community Healthcare Associates LLC in March with a $45.2 million bid for the financially troubled health care complex, which filed for Chapter 11 protection in February after a proposed sale to California-based Prime Healthcare...
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