Bankrupt NY Hospital Group Gets Nod For $54M Sale

Law360, New York (August 2, 2013, 8:51 PM EDT) -- A New York bankruptcy judge on Friday approved the sale of Sound Shore Health System Inc., blessing a $54 million deal that sees the Westchester County hospital group acquired by Bronx-based Montefiore Health System Inc.

U.S. Bankruptcy Judge Robert D. Drain agreed to sign off on the deal, which includes nearly all of Sound Shore's assets, at a hearing in White Plains.

"No substantive objections to the sale were raised," Sound Shore attorney Burton S. Weston told Law360. The sale order is being finalized and should...
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