Home Medical Co. Checks Into Ch. 11 After Spinoff Struggle

Law360, Wilmington (April 8, 2013, 3:32 PM EDT) -- About three weeks after Rotech Healthcare Inc. announced a debt restructuring plan, the Florida-based home medical equipment company filed for Chapter 11 protection Monday in a move it says will cut in half the debt that has dogged it for more than a decade.

Rotech listed its debt as somewhere between $500 million and $1 billion, with assets between $100 million and $500 million, in its bankruptcy petition filed in the U.S. Bankruptcy Court for the District of Delaware. The company said it had the support...
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