Talk of The Villages Florida - View Single Post - I asked in July where has all the money gone in Villages Health?
Thread: I asked in July where has all the money gone in Villages Health?
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Old 09-08-2025, 08:35 PM
BrianL99 BrianL99 is online now
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Quote:
Originally Posted by tophcfa View Post
Agreed, that’s all speculation. What is troublesome though, is the seeming resistance to open up the books, as evidenced by the insider DIP financing. ...
Quote:
Originally Posted by dewilson58 View Post
They are private companies.
They have no obligation to "open up the books" to the public.
I've never a privately held company wanting to open books to the public.
Quote:
Originally Posted by tophcfa View Post
I’m well aware that private companies aren’t required to “open up their books”.
... TVH appears to be taking evasive actions regarding transparency as well as pushing very hard for an expedited sale. Two huge red flags!
"The books" are open. The Bankruptcy court isn't going to approve any DIP financing, without having a clear understanding of TVH's financial condition.

The legal "look back" period runs 1-4 years under Federal Law, depending on the circumstances. There are no secrets in Bankruptcy, especially one of this type.
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