Global Wound Care Medical Group, a Professional Corporation
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November 07, 2024
The Story Behind Global Wound Care Group's Ch. 11
Allegations of potential fraud at Global Wound Care Group helped drive it toward seeking bankruptcy protection in Texas, with a year-long federal investigation now hanging over its Chapter 11 case.
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October 30, 2024
Meet The Attys Behind Global Wound Care's Ch. 11
A team of attorneys from Dentons US LLP is representing Los Angeles-based Global Wound Care Group in its Delaware Chapter 11, which the company said follows "unsubstantiated allegations of fraud" by an outside Medicare payment monitor that led it to lose more than 90% of its income.
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October 29, 2024
Catching Up With New Bankruptcy Case Action
Several companies filed for bankruptcy this past week, grappling with litigation, unforeseen events such as the loss of a key investor, and continued financial challenges stemming from the COVID-19 pandemic and persistent macroeconomic pressures, including high inflation.
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October 28, 2024
Ex-Judge Can't Shield Bank Docs; Tupperware Agrees To Sale
Former Bankruptcy Judge David R. Jones lost a bid to shield his banking records from a U.S. Trustee's Office probe into his undisclosed romantic relationship with a onetime Jackson Walker LLP partner.
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October 24, 2024
DOJ Says Bankrupt Wound Care Group Under Investigation
The U.S. Department of Justice on Thursday told a Texas bankruptcy judge it has concerns about the Chapter 11 filing of a California wound care practice, saying it has been under investigation for possible false billing claims for more than a year.
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October 22, 2024
LA-Based Wound Group Hits Ch. 11 After Medicare Pay Pause
A Los Angeles-based multistate wound care practice has filed for Chapter 11 protection in a Texas bankruptcy court, saying it can't pay nearly $156 million in charges from its management company after its Medicare payments were suspended last month.