Bankruptcy Judge Gives New Owners of Mexico and Fulton Hospitals More Time to Reorganize Business
The current owners of the hospitals in Mexico and Fulton have been given until August 1, 2023 to put together a plan to show how they will go forward with reorganizing the shuttered hospitals.
A ruling was made by a judge after Pasture Medical Group appeared in bankruptcy court at the end of May.
Per previous reporting Central Bank of Midwest has over seven million dollars in principal and other costs owed to them from Noble Health Real Estate II, LLC now owned by Pasture Medical Group.
Central Bank of Midwest is asking for the properties to be liquidated.
Once Pasture Medical Group submits their plan another hearing will be scheduled.
Pasture Medical Group has hired a CEO and engineer and has several employees working the hospital building currently.
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