Michaelson v. Baronoff et al
Case Number:
1:20-cv-01465
Court:
Nature of Suit:
Judge:
Firms
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April 10, 2024
Bankrupt Hospital Co.'s $16M Deal With Ex-Execs OK'd
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.
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October 29, 2020
Promise Healthcare's Ch. 11 Trustee Goes After Ex-Brass
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.