December 11, 2012

LCI Holding Company, Inc.

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Case Number:

1:12-bk-13319

Court:

Delaware

Nature of Suit:

Firms

Companies

Sectors & Industries:

LCI Holding Company, Inc.

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News Coverage, Answers, Appeals, Complaints, Motions, Orders, Trial Notes

  1. March 11, 2014

    IRS Loses Bid To Tap LifeCare Sale Funds For $24M Tax Claim

    A Delaware federal judge on Monday dismissed an appeal of LifeCare Holdings Inc.'s $320 million bankruptcy sale to Carlyle Group LP, stymieing the U.S. government's bid to realize its $24 million tax claim from the sale proceeds.

  2. June 11, 2013

    US Can't Halt Payouts From LifeCare's $320M Sale To Carlyle

    A Delaware bankruptcy judge on Tuesday refused to freeze payments from the proceeds of LifeCare Holdings Inc.'s $320 million acquisition by Carlyle Group LP, rejecting the federal government's bid to keep the funds on ice while it appeals the deal.

  3. June 5, 2013

    LifeCare Says US Can’t Freeze Funds From $320M Carlyle Deal

    LifeCare Holdings Inc. urged a Delaware bankruptcy judge Tuesday to ignore the federal government's attempt to block proceeds from the hospital chain's $320 million sale to Carlyle Group LP from being paid, arguing the U.S. is wrong about who actually owns the money.

  4. May 28, 2013

    LifeCare Settlement Approval Paves Way For Carlyle Sale

    A Delaware bankruptcy judge signed off on a proposed settlement Tuesday between LifeCare Holdings Inc.'s creditors committee and its private equity purchaser, removing the final obstacle to hospital group's $320 million sale to The Carlyle Group LP.

  5. May 21, 2013

    Feds Oppose Settlement Behind $320M LifeCare Sale

    The U.S. government asked a Delaware bankruptcy judge Tuesday to reject a deal underpinning the $320 million sale of private equity-owned LifeCare Holdings Inc., saying the proposed settlement is impermissible because it would pay the hospital group's unsecured creditors ahead of federal tax claims.

  6. April 26, 2013

    LifeCare, Creditors Reach Deal Backing $320M Carlyle Sale

    LifeCare Holdings Inc. and its creditors committee reached a settlement Friday that would provide unsecured creditors with about $3.5 million in cash in exchange for the committee supporting the hospital group's Chapter 11 plan, which includes its $320 million sale to private equity firm Carlyle Group LP.

  7. April 2, 2013

    Gov't Fails To Nix Carlyle's $320M Hospital Group Buy

    A Delaware bankruptcy judge approved the $320 million sale of LifeCare Holdings Inc. to private equity owner Carlyle Group LP Tuesday, overruling the U.S. government's move to nix the deal because the firm's credit bid didn't account for paying the tax bill generated by the deal.

  8. March 8, 2013

    US Wants Lifecare Ch. 11 Sale Nixed Over $24M Tax Bill

    The U.S. government asked a Delaware bankruptcy judge Friday to upend the proposed sale of LifeCare Holdings Inc.’s 27 hospitals, saying the private equity-owned company can’t pay potentially $24 million in taxes on the deal.