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In 2013, Community Health Systems entered into an agreement with Health Management Associates to purchase HMA for about $3.6 billion in cash and stock. The merger was completed in January 2014 and made Community Health Systems the largest for-profit hospital operator at the time, with 206 hospitals in 29 states.
United States bankruptcy courts are courts created under Article I of the United States Constitution. [1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...
The Southern District of New York is a major venue for bankruptcy, as it has jurisdiction over the corporate headquarters and major financial institutions located in Manhattan . Originally, the District Court itself handled bankruptcies; these and admiralty court cases dominated nearly to the exclusion of all other cases, which were primarily ...
The matter was later transferred to a federal bankruptcy court in Trenton, N.J., where in February 2022 US bankruptcy judge Michael Kaplan approved LTL's bankruptcy petition.
'The land of the free and the home of the medical bankruptcy': Former US surgeon general slams America's 'broken' health-care system after $5,000 bill for trip to ER due to dehydration
NEW YORK (Reuters) -U.S. Bankruptcy Judge David Jones in Houston, who oversees more major Chapter 11 cases than any other U.S. judge, said on Friday he is facing an ethics review over a previously ...
Robert D. Drain. Robert D. Drain (born c. 1957) is a former United States bankruptcy judge of the United States Bankruptcy Court for the Southern District of New York who has presided at several high-profile corporate bankruptcies.
"The conduct for which you stand convicted cuts to the very heart of our justice system," Young said. "It's corruption of the most dangerous sort." Young ordered the New Hampshire resident to ...