In Pennsylvania and all other jurisdictions, when a business encounters disruptive disputes with a major creditor, the company may attempt in some circumstances to resolve the issues by filing a Chapter 11 petition. That is the general intent behind a recent Chapter...
Month: August 2015
Hospital nudges state agency by seeking bankruptcy protection
It is not unheard of in Pennsylvania and elsewhere for hospitals and other medical providers to seek debt relief by filing a bankruptcy petition. There are several circumstances that can converge to make it a smart move for a medical provider or other corporate...