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LOWER BUCKS HOSPITAL et al v. BECKER
Case Number:
2:12-cv-03399
Court:
Nature of Suit:
Judge:
Firms
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January 07, 2013
BNY Settlement Notices Left Investors In The Dark, Judge Says
A federal judge on Wednesday backed a bankruptcy court's finding that settlement notices sent to Bank of New York Mellon Trust Co. bondholders during a Philadelphia-area hospital's bankruptcy proceedings didn't adequately inform them that accepting the $8.1 million deal meant waiving their rights to bring claims against the bank.
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December 13, 2012
BoNY Says Notices In $8M Bankruptcy Settlement Were Proper
A Bank of New York Mellon Trust Co. attorney asked a Pennsylvania federal judge Wednesday to overturn a bankruptcy court's ruling rejecting an $8.1 million settlement with bondholders for a suburban Philadelphia hospital, arguing that the creditors were sufficiently informed of the details of the deal.
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August 06, 2012
BNY Appeals Fight Over $8M Claim In Hospital Bankruptcy
BNY Mellon Trust Co., an indenture trustee representing bondholders owed money for a $36 million renovation project at a suburban Philadelphia hospital, asked a federal judge on Friday to overturn a bankruptcy court's decision shooting down a disputed $8.1 million payment to the creditors.