US Trustee Seeks Oversight Of Hospital Chain's Ch. 11

By Hilary Russ · December 10, 2024, 8:20 PM EST

The U.S. Trustee's Office has argued that bankrupt hospital operator CarePoint Health should be taken over by a Chapter 11 trustee, or it should be liquidated, due to gross mismanagement, including...

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Bankruptcy Scorecard

Summary

A nonprofit that operates three New Jersey hospitals filed for Chapter 11 in Delaware saying it needed time to stay collection actions, resolving its claims against insurance carriers and give it time to renegotiate contracts and execute an already underway business turnaround effort.

Case Number

24-bk-12534

Judge

Kate Stickles

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

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Documents

Related Sections

Case Information

Case Title

CarePoint Health Systems, Inc.

Case Number

1:24-bk-12534

Court

Delaware

Nature of Suit

Date Filed

November 03, 2024

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