Category Archives: Bankruptcy

Kansas City Company Makes Bid To Acquire Rural Kansas Hospital Out Of Bankruptcy

Posted on December 27, 2019 by Camron Hoorfar

A Kansas City-based company that specializes in turning around financially distressed hospitals is proposing to purchase Hillsboro Community Hospital in rural Kansas for $6.9 million, reported KCUR.org. Hillsboro Community Hospital was placed in Chapter 11 bankruptcy after its previous owner … Continue reading →

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Luxury Grocer Dean & DeLuca Closes Manhattan Store

Posted on December 19, 2019 by Camron Hoorfar

Dean & DeLuca, the gourmet grocer, has shut its flagship location in Manhattan, Bloomberg News reported. According to a notice posted on the door, which said the store will reopen soon, the SoHo closing may be only temporary. The chain … Continue reading →

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Education Secretary Betsy DeVos Under Fire Over Student Debt Collection

Posted on December 18, 2019 by Camron Hoorfar

U.S. Secretary of Education Betsy DeVos faces potential contempt of court and sanctions for continuing to collect on the debt of former students at bankrupt Corinthian Colleges Inc., going so far as seizing their wages and tax refunds, Bloomberg News … Continue reading →

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Lawyer Sanctioned for Filing at the Last Minute when Title Had Passed Already

Posted on December 12, 2019 by Camron Hoorfar

A bankruptcy debtor’s counsel filed a chapter 13 petition, which incorrectly listed the debtor as the owner of a home even though the lawyer knew a sheriff’s sale had taken place. Bankruptcy Judge Jerrold Poslusny imposed $1,750 in sanctions on … Continue reading →

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