January 3, 2019 / 12:44 AM / 2 months ago

Bankrupt Promise Healthcare plans Feb. 20 auction for remaining assets

Bankrupt nursing home and hospital chain Promise Healthcare Group on Monday sought court approval of its plan to sell its remaining assets.

Promise in a filing in U.S. Bankruptcy Court in Delaware said it was ready to sell the rest of its properties now that it had found buyers for its facilities in Los Angeles, San Diego and St. Louis.

To read the full story on Westlaw Practitioner Insights, click here: bit.ly/2CKASIn

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