Nursing Home Woes, Cyberattack Sparked Petersen's Ch. 11

By Alex Wittenberg · March 21, 2024, 6:31 PM EDT

Rising costs after the COVID-19 pandemic, cyberattacks and a general shift away from nursing homes led senior-living company Petersen Health Care to seek Chapter 11 bankruptcy protection this week with about...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Declaration

Case Information

Case Title

SC Healthcare Holding, LLC

Case Number

Court

Delaware

Nature of Suit

Date Filed

March 20, 2024

Recent Articles By Alex

December 16, 2024
Bronx Affordable Housing Project Hits Ch. 11 With $23M Debt
September 19, 2024
Senate Panel Holds Steward CEO In Contempt After No-Show
September 04, 2024
Steward Health Gets OK To Sell Mass. Hospitals For $343M
May 13, 2024
Peer Street Ch. 11 Ruling Hinges On Pro Se Creditor's Protest
April 29, 2024
Peer Street Plan Ruling Gets Delayed After Objector No-Show
April 19, 2024
US Trustee Balks At 22% Rate On Petersen Health DIP Loan
April 02, 2024
WeWork Drops 150 Leases To Cut Rent Costs By $8B In Ch. 11
February 26, 2024
Yellow Corp. Gets Nod On New Procedures For Injury Claims
January 11, 2024
Developer China Aoyuan Gets Go-Ahead For Ch. 15 In NY
December 01, 2023
Leases Don't Disqualify Small Biz Bankruptcies, Court Rules