July 15, 2014
A New York bankruptcy judge on Tuesday all but ended M*Modal Inc.'s short stint in Chapter 11, confirming an exit plan that would slash the medical transcription technology provider's debt by 55 percent and hand secured lenders a controlling stake in the reorganized company.
May 06, 2014
The JPMorgan Chase & Co. private equity arm-affiliated medical transcription technology company M*Modal Inc. on Tuesday received a New York bankruptcy judge's preliminary approval of its proposal to reduce its debt by 55 percent despite concerns from the judge surrounding the payment of attorneys' and financial advisers' fees.
April 03, 2014
M*Modal Inc., the bankrupt medical transcription technology company owned by JPMorgan Chase & Co.'s private equity arm, on Wednesday unveiled a restructuring plan that, if approved, would reduce its debt by more than 55 percent, or $350 million.