Increased DIP Cash Rescues Philly Hospitals' Ch. 11 Case

By Vince Sullivan (August 21, 2019, 1:58 PM EDT) -- Concessions from unsecured creditors and post-petition lenders helped rescue the troubled debtor-in-possession financing being sought by Philadelphia hospital operator Center City Healthcare LLC on Wednesday, providing additional cash for the debtor to pursue its Chapter 11 goals....

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