April 10, 2024
A Delaware bankruptcy judge agreed Wednesday to let the liquidating trustee for hospital operator Promise Healthcare proceed with a $16 million settlement with former executives to resolve his Florida federal court lawsuit, which alleged they abused the company's trust by lying to board members for their own benefit.
October 29, 2020
The trustee of bankrupt hospital owner Promise Healthcare Group has filed suit in Delaware federal court against the company's ex-CEO and other top executives, claiming they had used the company as a "pawn" in financial schemes for their own benefit.