OnCure Gets $25M Bankruptcy Loan Greenlighted For Now

Law360, Wilmington (June 18, 2013, 8:08 PM EDT) -- A Delaware bankruptcy judge on Tuesday gave private equity-owned cancer center operator OnCure Holdings Inc. an interim go-ahead for a $25 million post-petition loan, despite the U.S. Trustee's Office's objection to how the credit facility was structured.

An attorney for the U.S. Trustee's Office had argued that a provision that allows $15 million of the debtor-in-possession financing provided by a group of OnCure's prepetition lenders to be rolled up into an earlier loan of equal value, but at a better interest rate, ought to be delayed...
To view the full article, register now.




Case Information

Case Title

OnCure Holdings, Inc.

Case Number




Nature of Suit

Date Filed

June 14, 2013

Law Firms


Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.