TridentUSA, Silver Point Seek End To Refinancing Challenge
Law360 (June 11, 2019, 9:15 PM EDT) -- Bankrupt health care provider TridentUSA and debtor-in-possession lender Silver Point Capital have fired back at challenges to Silver Point’s Chapter 11 claims, saying no one lied to lenders about Trident’s finances leading up to a 2018 refinancing deal.
In motions filed Monday Trident and Silver Point asked a New York bankruptcy judge to dismiss Capital Finance Opportunity’s adversary action claiming lenders were misled into the refinancing deal that gave Silver Point a priority Chapter 11 claim, saying there is no evidence either of them knowingly provided false information.
Trident, a Maryland-based provider of health care services to post-acute care, assisted living...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!