December 06, 2024
A Texas oil and gas driller is seeking permission to sell its oilfields, while the U.S. Trustee's Office is looking to shut another oil producer's yearslong Chapter 11 down, and creditors of a bankrupt medical implant maker are alleging the debtor's bankruptcy financing and sale plans are a way for its private equity sponsor to weasel out of product liability claims.
December 04, 2024
The Commonwealth of Pennsylvania has until Monday, Dec. 9, to secure additional funding to cover a hospital's operating losses as it seeks to negotiate a sale from bankrupt hospital operator Steward Healthcare to Meadville Medical Center, a neighboring community hospital.
November 13, 2024
A Texas bankruptcy judge on Wednesday shot down a request to form an official committee for tort claimants in the Chapter 11 of hospital operator Steward Health Care, saying there was no evidence that the unsecured creditors committee wasn't adequately representing the interests of medical malpractice creditors.
November 05, 2024
A Texas bankruptcy judge on Tuesday approved a transition deal between Steward Health Care System and a government health service contractor that canceled its contract with the embattled hospital chain just before it filed for Chapter 11.
November 01, 2024
Rudy Giuliani was recently accused of ignoring subpoenas as two former election workers tried to collect on a $148 million defamation judgment, Steward Health Care creditors have opposed the formation of a tort claimants committee and Chinese exile Miles Guo's $26.5 million New Jersey mansion can be sold in Chapter 11.
October 28, 2024
Former Bankruptcy Judge David R. Jones lost a bid to shield his banking records from a U.S. Trustee's Office probe into his undisclosed romantic relationship with a onetime Jackson Walker LLP partner.
October 25, 2024
A Texas bankruptcy judge said he would approve the sale of seven more of Steward Health Care's hospitals to affiliates of California-based Healthcare Systems of America, including five in Florida and two in Texas.
October 23, 2024
A Texas bankruptcy judge Wednesday declined to order the new owner of former Steward Health Care hospitals in Massachusetts to take back changes to nurses' union contracts it assumed under his sale order, saying it wasn't up to him to make the call.
October 08, 2024
Massachusetts officials are asking the Texas bankruptcy judge presiding over Steward Health Care's Chapter 11 proceedings to order the company to maintain medical malpractice and workers' compensation coverage for current and potential claims from its operation of hospitals and medical practices in the Bay State.
October 03, 2024
A Texas bankruptcy judge on Thursday approved national hospital chain Steward Health's sale of three of its Arizona hospitals to regional hospital chain HonorHealth.