June 30, 2021
The former owner of two Philadelphia hospitals told a Delaware bankruptcy judge Wednesday that the controlling interest holder of the debtor took control of the enterprise this week in retaliation for the debtor filing an adversary suit against him and related entities.
January 04, 2021
Center City Healthcare filed a Chapter 11 plan of liquidation last week in Delaware bankruptcy court that calls for the payment in full of priority creditors after the debtor sold one of its Philadelphia hospitals and shuttered the other.
October 22, 2020
Center City Healthcare LLC told a Delaware judge Thursday that it hopes for a smoother ride throughout the rest of its Chapter 11 as it seeks to reconcile claim disputes and pursue potential liability actions on the path toward finalizing a Chapter 11 plan.
March 11, 2020
The bankrupt owner of two Philadelphia hospitals received court approval Wednesday in Delaware on its request to extend the period during which it has the exclusive right to file a Chapter 11 plan.
March 03, 2020
A Delaware bankruptcy judge Tuesday gave his nod to Center City Healthcare LLC's plan to purchase medical liability insurance for former professionals at its facilities, despite opposition from creditors asserting the move defies the U.S. Supreme Court's Jevic ruling related to the absolute priority scheme of distributing assets.
February 21, 2020
Center City Healthcare LLC told the Delaware bankruptcy court Thursday that it plans to pay $6.2 million to purchase medical liability insurance for former medical professionals at its facilities to help bring an end to disputes in its Chapter 11.
January 02, 2020
The owner of a pair of Philadelphia hospitals told a Delaware bankruptcy judge Thursday that an attempt by former doctors at its facilities to force the company to buy expensive medical liability insurance is improper because the hospitals are not legally required to provide such insurance coverage.
December 06, 2019
Philadelphia's bankrupt Center City Healthcare LLC declared dead on arrival Friday an emergency motion by former St. Christopher's Hospital medical professionals for a Delaware court ruling that the hospital's Chapter 11 sale requires an extension of medical liability coverage for doctors cut from the staff.
November 18, 2019
The bankrupt operator of a pair of Philadelphia hospitals filed a settlement proposal late Monday in Delaware court that would end a lengthy dispute among the debtor and two billing and administrative services contractors that has threatened to derail a court-approved sale of one of the debtor's facilities.
October 25, 2019
The bankrupt operator of two Philadelphia hospitals asked a Delaware judge Friday to extend the exclusive periods during which it can file and solicit creditor support for a liquidation plan, saying it has made substantial progress in its efforts to shut down one facility and sell another.