Bankrupt Miami Hospital Gets OK For Ch. 11 Auction Plans

Law360 (May 21, 2018, 10:44 PM EDT) -- A shuttered Miami hospital in Chapter 11 stayed on track to be sold in auction in late June when a Florida bankruptcy judge gave her blessing to the sale process Monday after approving a settlement the parties reached to resolve objections from the unsecured creditors committee.

U.S. Bankruptcy Judge Laurel M. Isicoff said the agreement to pave the way for the sale of the assets of Miami International Medical Center LLC, which operated as The Miami Medical Center, was prudent given the costs in money and time that would result from litigating the committee's objections.

"This result makes absolute sense and...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!