Tag: U.S. Bankruptcy Court
Rotech receives approval from bankruptcy court
April 10, 2013HME News Staff
ORLANDO—The U.S. Bankruptcy Court has granted Rotech's first-day motions, which are designed to ensure normal daily operations during the company's Chapter 11 debt restructuring, according to a press release. Among several motions, the court approved Rotech's ability to continue paying employee wages and benefits, and authorized the immediate use of $25 million of the company's $30 million debtor-in-possession (DIP) financing, the release stated. Additionally, the court approved...
Chapter 11 Bankruptcy, Rotech Healthcare, U.S. Bankruptcy Court
Sponsored Stories
SOS Achieves Remarkable 400% Growth in 2023, Bolsters Team with Director Appointment
By Strategic Office SupportCyber Siege: The Financial Vulnerability Healthcare Didn't See Coming
By Strategic Office SupportA new staffing model that delivers ready-to-work pros, boosting efficiency and lowering costs.
By Tactical Back Office
By John Koch, COO and co-founder, MediStreams