July 10, 2014
A Delaware bankruptcy judge confirmed the Chapter 11 plan for Laboratory Partners Inc., the clinical testing firm also known as MedLab, over the objection of the U.S. trustee's office, which took issue with an exculpation provision in the plan granted to senior lender Marathon Asset Management.
June 27, 2014
The U.S. trustee's office on Friday asked a Delaware bankruptcy judge to deny the Chapter 11 plan of Laboratory Partners Inc., the clinical testing firm also known as MedLab, saying the proposed plan contains an oversized set of exculpations.
June 11, 2014
Clinical testing firm Laboratory Partners Inc., also known as MedLab, received the blessing of a Delaware bankruptcy judge on Wednesday to sell its long-term care division to Amerathon LLC for a $5.5 million credit bid.
January 28, 2014
Bankrupt Laboratory Partners Inc., also known as MedLab, said in court papers Tuesday that it had landed a stalking horse for the planned auction of two of its Indiana-based units, stating that Laboratory Corp. of America Holdings would set the floor at $10.5 million.
December 18, 2013
The U.S. Department of Health and Human Services on Wednesday took issue with bankrupt Laboratory Partners Inc.'s plan to auction a portion of its operating assets, arguing the sale may include private patient information in violation of the Health Insurance Portability and Accountability Act.