Mercy Iowa City asks judge to dismiss receivership request, calling it a 'power grab'
A day after a Mercy Iowa City investor asked a Johnson County judge to appoint a receiver to take control of
Source: thegazette.com
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Lender seeks receiver to take control of Mercy Iowa City
Asserting Iowa City’s 150-year-old Mercy Hospital is in “financial freefall” and headed toward closure, the investor and holder of $41.8 million Mercy borrowed in 2018 has asked a judge to “appoint a receiver on an emergency basis” to take operational control over the hospital facilities.
Source: thegazette.com
Mercy Iowa City investor asks to put hospital on court-appointed receivership after reported default
Lang 7/24/23 An investor in Mercy Iowa City has asked a judge to put the hospital on a court-appointed receivership after it reportedly defaulted on its bond
Source: 1630kcjj.com
Mercy Iowa City calls bondholder's publicity tactics 'inexcusable'
Mercy Iowa City late Monday responded to a bondholder’s demand it be placed in a court-appointed receivership by disputing the arguments behind the receivership request and by calling into question the publicity tactics taken.
Source: thegazette.com
Lender seeks receiver to take control of Mercy Iowa City
Asserting Iowa City’s 150-year-old Mercy Hospital is in “financial freefall” and headed toward closure, the investor and holder of $41.8 million Mercy borrowed in 2018 has asked a judge to “appoint a receiver on an emergency basis” to take operational control over the hospital facilities.
Source: thegazette.com