Quote:
Originally Posted by tophcfa
The above statement applies to traditional sales that don’t involve the selling company selling the entity while in bankruptcy. In the case of TVH, the bankruptcy court determines what entity, if any, assumes the creditor claims (debts of the seller). Based on a quick reading of the bankruptcy court settlement, Centerwell (Humana) assumed very little of TVH’s debt, and not any of the Medicare overpayments.
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L A had a long post and I was trying to determine fact vs. fiction.
Came across as fact, but
Most of the post did not seem factual to TV Health transaction.