Fraud-Infected Hospital Merits ‘Tax Affecting,’ High Risk Premium, and More

Business Valuation UpdateVol. 13 No. 5
Legal and Court Case Update
May 2007

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8011 Offices and Clinics of Doctors of Medicine
621111 Offices of Physicians (except Mental Health Specialists)
bankruptcy
Doctors Hospital of Hyde Park, Inc. v. Desnick et al.
2007 Bankr. App. LEXIS 605
March 2, 2007
US
Federal Court
Illinois
United States Bankruptcy Court
Scott Peltz and Michael Lane (Trustee); Thomas Blake (lender)
Schmetterer

Summary

Solvency valuation of fraud-riddled hospital warrants tax affecting, high company-specific risk, and more from Illinois bankruptcy court.

See Also

Doctors Hospital of Hyde Park, Inc. v. Desnick et al.

Full Text of Court Cases
March 2, 2007

This adversary case relates to the Chapter 11 bankruptcy case filed by Chapter 11 Trustee for Debtor Doctors Hospital of Hyde Park Inc. (“Doctors Hospital” or “Trustee”). The Adversary Complaint pleaded a total of 28 counts (“Complaint”).