Dental Center Co. Seeks Sale To Root Out Fraud Claims

Law360, New York (February 21, 2012, 7:27 PM EST) -- Dental center manager Church Street Health Management LLC told a Tennessee federal judge Tuesday that it would seek to sell its assets to a stalking horse bidder, one day after fallout from Medicaid fraud claims forced the company into bankruptcy.

Church Street, which provides management services to 67 low-income dental centers, said most of its senior lenders had backed an undisclosed bid by a group led by Garrison Investment Group. Church Street will ask the court to approve the asset sale and bid procedures in the...
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