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Assets of Healthcare Services Business

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Listing Information


Assets of Healthcare Services Business

Price: Not Specified

Other Item Info
Item #: txsbke_458795
Created: 11/24/2022
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Location: Houston, Texas
Sale Date: Tue. Nov 29, 2022
Seller Info
Veronica Polnick
Debtor's Attorney
1401 McKinney St. Suite 1900
Houston, TX 77010
Bankruptcy Info
Case #: 4:22-bk-90291
Case Title: Pipeline Health System, LLC and Official Committee of Unsecured Creditors of Pipel
Court: Texas Southern Bankruptcy Court
Chapter: 11
View Case Docket

See More Documents


Sale of assets of Pipeline Health System, LLC, et al., (the “Seller”) consists of membership interest and Illinois assets, and more described as follows:

(i) Membership Interest for $1.00: All of the issued and outstanding membership interests of the following entities (the “Acquired Entities”):

  • Pipeline – West Suburban Medical Center, LLC
  • Pipeline – Weiss Memorial Hospital, LLC;
  • Pipeline – Lakefront Medical Associates, LLC;
  • Pipeline Midwest Pharmacies, LLC; and
  • Pipeline – Weiss Medical Specialists, LLC.

(ii) Illinois Assets for $92,000,000: All of Sellers’ right, title and interest to all of the assets owned, exclusively used or held for use by Sellers as follows:

  • All interests in the Owned Real Property;
  • All of the Tenant Leases;
  • All of the Lessor Leases, together with all guarantees of any of such Lessor Leases and all security deposits delivered by tenants thereunder, whether in cash or letter of credit or pursuant to a guaranty agreement;
  • All Personal Property;
  • All Intangible Property; and
  • All Service Contracts.

Sale Location

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515 Rusk Street, 4th Floor
Houston, TX, 77002

Additional Details

Sale Hearing in "Courtroom 404" @ 3:30 p.m.

Other Information

Terms and Conditions:

See Attached.

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