October 04, 2013
Liberty Medical Supply Inc. asked a Delaware bankruptcy court Thursday to deliver summary judgment on proofs of claim lodged by whistleblowers who are currently pursuing a $69 million suit in Florida against the bankrupt company over alleged False Claims Act violations.
September 17, 2013
Whistleblowers who filed a $69 million False Claims Act suit against bankrupt Liberty Medical Supply Inc. over alleged Medicare and Medicaid overpayments urged a federal bankruptcy judge on Monday to lift the automatic stay on the case, saying recent procedural moves have made the stay moot.
April 25, 2013
Bankrupt Liberty Medical Supply Inc. has agreed to hand over its Medicare diabetes supply delivery business to Alere Inc. — along with $22.5 million — to satisfy a $40 million loan and resolve a contract dispute between the rivals, according to settlement papers filed Wednesday in Delaware.
April 17, 2013
A Delaware bankruptcy judge on Wednesday nixed Liberty Medical Supply Inc.'s bid to reject a $40 million deal with Alere Inc., ruling the option agreement to transfer its diabetes testing supply business in exchange for the cancellation of debt is not an executory contract.
April 12, 2013
Liberty Medical Supply Inc.'s creditors committee asked a Delaware bankruptcy judge Friday not to reject a prepetition option deal with Alere Inc. that would cancel a $40 million debt in exchange for certain assets, saying the assets must be valued through an auction before a decision is made.