The U.S. Trustee's Office obtained permission to put a watchdog in place in Spirit Airlines' bankruptcy, TGI Fridays pitched a $220,000 settlement in its bankruptcy, a medical spa management company asked to move into liquidation, and a Dallas hospital sought a speedy hearing on its plan disclosure.
Financial strain from the COVID-19 pandemic, mounting debt and an acute liquidity crisis led Pacifica Hospital of the Valley, a 231-bed hospital in the Los Angeles area, to seek Chapter 11 protection in Delaware.
A group of attorneys from Law Offices of Frank J. Wright PLLC and Shannon Lee Beatty LLP is representing hormone therapy company SynergenX in its Chapter 11 case.