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Petersen Health Care in battle for $50 million share of massive nursing home portfolio

An operator of nearly 100 Midwest care facilities is now embroiled in a two-front legal battle over more than $50 million in loans. Two lenders say that Petersen Health Care has failed to make payments due at 17 nursing homes across Illinois, Iowa and Missouri and are seeking foreclosure. 
United States Michael Flanagan Northern District Of Illinois Eastern Division Us District Court Us Department Of Labor Petersen Health Care

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