Center City Healthcare, LLC

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Case Number:

1:19-bk-11466

Court:

Delaware

Nature of Suit:

Firms

Companies

Government Agencies

Pennsylvania Department of Revenue

Sectors & Industries:

March 25, 2024
Bankrupt Philly Hospital Seeks $2.8M New Loan Approval

The owner of Philadelphia's former Hahnemann University Hospital asked a Delaware bankruptcy judge on Monday to authorize one of its affiliated debtors to make a $2.8 million supplemental loan to the nonbankrupt owner of the hospital's real estate.
August 10, 2022
Endo Teeters On The Edge, Revlon Equity Committee Sought

Endo Pharmaceuticals said it is close to filing for bankruptcy over its opioid liability, Revlon shareholders want representation in its Chapter 11 case, and a North Carolina judge said sanctions worked on asbestos claimants in the Bestwall bankruptcy. This is the week in bankruptcy.
August 08, 2022
Philly Hospitals Reach Deal Over Real Estate In Ch. 11

The former owner of two Philadelphia hospitals proposed a settlement Monday in Delaware bankruptcy court that would resolve a long-running dispute with entities that own the real estate upon which the facilities sit.
April 13, 2022
Ex-Hospitals Owner Hits Medtronic With $1.3M Clawback Suit

Center City Healthcare and two affiliates sued creditors Medtronic USA Inc. and affiliate Medtronic Xomed Inc. in Delaware on Wednesday in an attempt to claw back no less than $1.37 million in payments made within the 90-day period before they filed for bankruptcy.
December 21, 2021
Bankrupt Hospital's Ex-Owner Challenges Blocked Loan

The former owner of a bankrupt Philadelphia hospital whose efforts to borrow $17.5 million against the empty property were thwarted by a Delaware bankruptcy judge earlier this month has appealed the ruling to district court.
July 22, 2021
Philly Hospitals To Mediate Owner Issues In Ch. 11 Case

Attorneys for the former owner of two Philadelphia hospitals told a Delaware bankruptcy judge on Thursday that it had reached a standstill agreement with its owner over disputes involving corporate governance actions while the parties pursue mediation of their issues.
June 30, 2021
Philly Hospital Says Owner Retaliated After Ch. 11 Complaint

The former owner of two Philadelphia hospitals told a Delaware bankruptcy judge Wednesday that the controlling interest holder of the debtor took control of the enterprise this week in retaliation for the debtor filing an adversary suit against him and related entities.
October 22, 2020
Philly Hospital Aims For Smoother Path Toward Ch. 11 Plan

Center City Healthcare LLC told a Delaware judge Thursday that it hopes for a smoother ride throughout the rest of its Chapter 11 as it seeks to reconcile claim disputes and pursue potential liability actions on the path toward finalizing a Chapter 11 plan.
March 11, 2020
Philly Hospital Owner Gets More Time To File Ch. 11 Plan

The bankrupt owner of two Philadelphia hospitals received court approval Wednesday in Delaware on its request to extend the period during which it has the exclusive right to file a Chapter 11 plan.
March 03, 2020
Bankrupt Philly Hospital Owner's $6M Insurance Buy Gets OK

A Delaware bankruptcy judge Tuesday gave his nod to Center City Healthcare LLC's plan to purchase medical liability insurance for former professionals at its facilities, despite opposition from creditors asserting the move defies the U.S. Supreme Court's Jevic ruling related to the absolute priority scheme of distributing assets.

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