Prime Healthcare Loses Bid To Block Hospital Sale To Rival

Law360, New York (December 09, 2013, 6:30 PM ET) -- A New Jersey bankruptcy judge last week dealt a blow to Prime Healthcare Services Inc., upholding the sale of a bankrupt hospital and dismissing Prime’s lawsuit against the purchaser, which Prime said conspired to box the company out of the New Jersey hospital market.

U.S. District Court Judge Morris Stern filed an opinion and order Dec. 3 ruling in favor of CarePoint Health, formerly known as Hudson Hospital Holdco LLC, and upholding CarePoint’s purchase of Jersey City, N.J.’s Christ Hospital. Judge Stern dismissed a suit from...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required