Bankruptcy Blogs

Some thoughts on GM, successor liability, 363 sales, and due process – over at Dealb%k.

By buying more goods and services from businesses rooted in diverse communities, banks can build bridges with those communities and expand their customer base. And by expanding their networks of potential suppliers, banks can obtain better quality services at lower prices.

A group of businesses owed more than $2.5 million by Washington, D.C.’s Specialty Hospital is seeking to push the troubled health-care facility into bankruptcy.

Creditors of Specialty Hospital of Washington LLC, which runs the city’s only long-term acute-care hospitals, Wednesday filed an involuntary bankruptcy petition against the facility in U.S. Bankruptcy Court in Wilmington, Del.

Quantason LLC, which is developing an advanced ultrasound to screen for breast cancer, filed for Chapter 11 protection Wednesday with the hopes of finding a buyer.