TLC Vision Plan Approval Sparks Outcry From MMA

Law360, New York (May 18, 2010, 6:59 PM EDT) -- Medical Management Affiliates Inc. is fighting a bankruptcy judge's recent confirmation of TLC Vision Corp.'s reorganization plan, arguing a certain provision will strip it of its rights to convert all or part of its membership units into cash because the reorganized eye care company will no longer be publicly traded.

MMA — which is a party to an executory contract with TLC Vision and its TLC Michigan LLC unit — said Monday that an emergency stay should be issued while its appeal of Judge Kevin Gross'...
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