DOJ Official Pushes For Trustee In Fla. HMO Bankruptcy

Law360, New York (April 5, 2013, 5:43 PM EDT) -- The U.S. trustee for Florida urged a bankruptcy court Wednesday to appoint a trustee to oversee Universal Health Care Group Inc.'s Chapter 11 reorganization, saying the trustworthiness of company executives suspected of fraud and mismanagement has already been called into question.

Guy G. Gebhardt, the U.S. Department of Justice's acting U.S. trustee for Region 21, which covers Florida, Georgia, Puerto Rico and the U.S. Virgin Islands, renewed his call for an independent fiduciary to oversee day-to-day administration of Universal’s liquidation in an amended motion, saying it’s...
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