[wikolia]

Originally Posted by Snowbirdtobe

As the bankruptcy has progressed the Villages Health has maintained nothing to see here.
The government of the United States has started to post objections to the TVH claims.

Here is a cut and paste from our government's response.

On August 18, 2025, the Debtor disclosed that between 2022 and 2024 that
approximately $216.2 million was paid to related entities for rent, paydown of a line
of credit with its majority shareholder, and tax-related distributions to the Debtor’s
owners. Doc. 160 at 3-4, ¶ 11(a)-(c). At this juncture, it would be improper for the
Debtor to potentially provide releases to insiders without consideration or
explanation as to the liability being released.

Oops .
When a Debtor files they usually owe everyone, They have stiffed the landlord, stiffed entities that they owed money, didn't make voluntary pre payments, etc.
TVH paid their rent to closely related entities. Moves like this will make the lawyers rich as more pile on.
I don't think that this will delay the deal unless the new buyer is expected to shoulder some of the liability of these payments.

Ironic....