LifeCare Bankruptcy Sale Payments Upheld on Appeal - Dow Jones Bankr...
09/14/15
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LifeCare Bankruptcy Sale Payments Upheld on Appeal
Dow Jones Bankruptcy & Debt (subscription)
A federal appeals court on Monday upheld a bankruptcy deal for LifeCare Holdings that allowed the hospital chain's lenders to pay off junior creditors and bankruptcy lawyers while leaving a $24 million capital gains tax bill unpaid. Monday's decision ...
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Dow Jones Bankruptcy & Debt (subscription)
A federal appeals court on Monday upheld a bankruptcy deal for LifeCare Holdings that allowed the hospital chain's lenders to pay off junior creditors and bankruptcy lawyers while leaving a $24 million capital gains tax bill unpaid. Monday's decision ...