- FRBP
In re Bamberg County Mem. Hosp.
Apr
18
2013
Ruling
Settlement of claim after LLC's purchase of debtor's assets failed to close approved.
Procedural posture
Debtor hospital filed a petition under chapter 9 of the Bankruptcy Code, and an LLC that agreed to purchase the debtor's assets filed a claim in the amount of $1,054,173 against the debtor's bankruptcy estate after the sale did not close. The debtor and the LLC settled the LLC's claim, and the debtor asked the court to approve the settlement pursuant to Fed. R. Bankr. P. 9019. A company that sold health care equipment filed an objection.
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Court
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