Published in Hospital and Nursing Home Week, May 21st, 2009
Cornell will petition the Bankruptcy Court this week in New York to form a Retiree Committee through Section 1114 of the bankruptcy code. Section 1114 was enacted by Congress in the wake of several high-profile bankruptcies where courts had allowed companies (notably LTV/Bethlehem Steel) to summarily cut the...
Want to see the full article?
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Hospital and Nursing Home Week