Prime Healthcare Mgmt. v. Valley Health Sys. (In re Valley Health Sys.)

Ruling: 
Health care district's amended chapter 9 plan confirmed over objections.
Procedural posture: 
Debtor, a California Local Health Care District, filed a petition under chapter 9 of the Bankruptcy Code and asked the court to confirm its First Amended Plan for the Adjustment of Debts, pursuant to 11 U.S.C.S. § 943(b). Petitioners, several corporations and individuals who filed actions in state court to block the debtor from selling its assets to a Delaware health care management company, filed objections to the debtor's plan.
Issue: 
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Commercial case opionion summary, case decided on April 08,2010, LexisNexis #0610-129