September 08, 2026
New York nursing home operator Cold Spring Acquisition, its creditors and the facility's buyer informed a bankruptcy judge Tuesday they will meet Thursday to try to resolve $13.5 million in mortgage arrears that have been holding up a sale of the facility.
September 04, 2026
A Long Island nursing home will fend off a Chapter 7 conversion bid. Former trucking company Yellow Corp. is seeking approval for $526 million in settlements. And the U.S. Trustee's Office is defending its standing to claw back fees from a law firm at the center of a judicial ethics scandal.
July 09, 2026
The buyer of Long Island nursing home operator Cold Spring Acquisition LLC urged a New York bankruptcy court Thursday to delay the effective date of a potential Chapter 7 conversion order for three weeks, seeking more time to resolve financing hurdles and close the pending sale.
May 12, 2026
A New York bankruptcy judge Tuesday ordered a two-week standstill to litigation in the Chapter 11 case of nursing home group Cold Spring Acquisition LLC to give the debtor and unsecured creditors time to negotiate a potential path forward in the proceeding, saying he would order mediation if they cannot reach a resolution.
April 30, 2026
The New York Attorney General objected to the proposed automatic stay in the Chapter 11 plan of nursing home group Cold Spring Acquisition LLC, saying it improperly purports to extend bankruptcy protections after the bankruptcy case is closed.
April 09, 2026
Long Island nursing home operator Cold Spring Acquisition pushed back on a bid by its unsecured creditors' committee to convert its Chapter 11 bankruptcy to a Chapter 7 liquidation, arguing the committee failed to show there was cause to do so.
April 02, 2026
The unsecured creditors of a Long Island nursing home operator are asking a New York bankruptcy judge to convert its Chapter 11 case into a Chapter 7 liquidation, arguing the company will run out of cash before it can confirm a bankruptcy plan.
March 10, 2026
A New York bankruptcy court Tuesday pushed back the disclosure statement hearing in the Chapter 11 case of Long Island nursing home operator Cold Spring Acquisition, after the debtor said it is continuing to negotiate with its official committee of unsecured creditors over the administration of its liquidation plan.
March 04, 2026
The official committee of unsecured creditors in the Chapter 11 case of Long Island, New York, nursing home operator Cold Spring Acquisition objected late Tuesday to the debtor's motion to retain special litigation counsel, saying a case resolution is in the works and the law firm choice would bind creditors.
February 10, 2026
Lawyers for a Long Island nursing home operator told a New York bankruptcy judge on Tuesday that they hope to have a consensual Chapter 11 plan soon, after reaching a deal with the unsecured creditors' committee on liquidation oversight.