Biyernes, Setyembre 25, 2015

Forest Park landlord to provide $18.5M loan to help Frisco hospital restructure

The landlord of Forest Park Medical Center at Frisco will provide a more than $18 million loan to help the hospital continue operating while it attempts to restructure and work through the Chapter 11 bankruptcy process. The money, called debtor-in-possession financing, will go to pay employees, buy supplies, pay for equipment and meet other expenses, said Michael Miller, the chief restructuring officer and a senior vice president with Deloitte Transactions and Business Analytics LLP., acting as…

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