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Bondholders, bankruptcy trustee seek slowdown in Mercy hospital sale

Although Mercy Iowa City wants an expeditious sale of its assets โ€“ after the 150-year-old hospital filed for Chapter 11 bankruptcy this month โ€“ its bondholders and creditors this week asked a judge to tap the brakes to give them time for due diligence and to maximize the โ€œvalue of the sale.โ€
University Of Iowa United States Johnson County Jim Slosiarek Maryr Jensen Dan Simon

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Bankruptcy ends Akron Beacon Journal retiree medical benefits

Bankruptcy ends Akron Beacon Journal retiree medical benefits Print A bankruptcy case is closing the books on the Beacon Journal Publishing Co., an entity created by Black Press Ltd. of Canada, which owned the Akron Beacon Journal newspaper from 2006 to 2018. The Nov. 11, 2020, bankruptcy filing will have no impact on the publication of the newspaper, which Black sold to the Gannett Co. in 2018. The greatest local impact will be felt by roughly 50 former Beacon Journal retirees, who have lost m...
United States Brouse Mcdowell Marc Merklin Development Finance Authority Of Summit Pension Benefit Guaranty Corp Chandra Law Firm

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