The Villages Health Bankruptcy is heating up. Today Sept 9 2025 I received 4 emails of changes in the case between 9AM and 11AM.
It's hard to follow all the little and important changes that were proposed. A word dropped here and a word inserted there but the paragraph below seem to have been removed from the proposed court order.
(e) At least eighty-five (85%) of all the Clinicians offered employment pursuant to Section 12.09(a) shall have accepted an offer of employment and delivered to the Buyer an executed Employment Agreement (such Clinicians, “Accepted Clinicians”)
(provided that Buyer may not delay the Closing based on a failure of the foregoing condition to be satisfied ifBuyer has failed to comply in any material respect with its obligations to make offers of employment to Clinicians under Section 12.09(a));
Does that mean the number of Clinicians is below 85% in the new business?
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