Universal Health Care Appointed Ch. 11 Trustee

Law360, New York (April 19, 2013, 5:00 PM ET) -- A Florida bankruptcy judge on Friday authorized the appointment of a trustee to oversee the Chapter 11 reorganization of Universal Health Care Group Inc., the health-maintenance organization forced into state receivership and currently under investigation for fraud and mismanagement.

U.S. Bankruptcy Judge K. Rodney May granted an amended motion filed by a U.S. Department of Justice official asking for the appointment of a trustee, who has yet to be named, to protect creditors’ interests as Universal’s proceedings move forward amid concerns about the trustworthiness of Universal...
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