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6th Circ. Says Rehab Co.'s Money Woes Justified Ch. 7 Pivot

By Emlyn Cameron (November 30, 2023, 9:14 PM EST) -- The Sixth Circuit upheld an Ohio bankruptcy court's decision to convert California Palms Addiction Recovery Campus Inc.'s case to a Chapter 7, because the substance use rehabilitation company was facing ongoing losses and wasn't likely to recover fast enough for an abbreviated Chapter 11....

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