Quote:
Originally Posted by JustSomeGuy
FYI, the developer will get 60% of the 39 Million if the sale and the bankruptcy goes through. Taxpayers lose 320,000,000.
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How is the Developer going to end up with $24M? Typically, the Medicare claw-back would not be discharged in Bankruptcy. At a minimum, Medicare would be a priority debt and would get money from the sale, before anyone else does.
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