Northwest Senior Housing Corporation

  1. January 12, 2023

    Nursing Home Creditors Say Ch. 11 Fee Budget Too Small

    The unsecured creditors of a Dallas nursing home are complaining to a Texas bankruptcy judge that the home's proposed Chapter 11 financing extension and one of its proposed reorganization plans would shortchange them on professional fees.

  2. November 03, 2022

    Dallas Nursing Home Joins With Creditors On New Ch. 11 Plan

    The operators of a Dallas nursing home and its unsecured creditors Wednesday filed a joint Chapter 11 plan to refinance $109 million in bond debt, replacing a plan creditors called dangerously dependent on success in a suit against the nursing home's landlord.

  3. October 21, 2022

    Navient Collections Halted, Mallinckrodt Faces $1.6B Suit

    Navient Solutions is appealing a nationwide injunction barring it from collecting on certain student loans discharged through bankruptcy, Mallinckrodt creditors are suing for the return of $1.6 billion used to buy back shares pre-bankruptcy, and liquidators for crypto hedge fund Three Arrows Capital want to serve subpoenas via Twitter. This is the week in bankruptcy.

  4. October 07, 2022

    BakerHostetler Accused Of Fraud, Jones Asks For New Hire

    Alliance Health's liquidating trustee alleges a law firm helped a $100 million fraud scheme, the Alex Jones-controlled Free Speech Systems needs a new leader, and satellite operator Intelsat SA escapes from a $400 million contract dispute. This is the week in bankruptcy.

  5. September 29, 2022

    Nursing Home Creditors Get OK To File Their Own Ch. 11 Plan

    A Texas bankruptcy judge Thursday opened up the Chapter 11 case of a Dallas retirement community to alternative restructuring plans, saying support for the plan proposed by the community's operator had collapsed and time and money were running out for the business.

  6. August 24, 2022

    Dallas Nursing Home Can Go Forward With Landlord Suit

    A Texas bankruptcy judge has refused to dismiss a suit claiming the landlord of a bankrupt Dallas retirement community tried to drive it out of business with bad faith lease negotiations and the disclosure of confidential information.

  7. August 15, 2022

    Texas Landlord Blasts Nursing Home's 'Fairy Tale' Ch. 11 Plan

    The landlord of a Dallas retirement community urged a Texas bankruptcy judge to reject the operator's Chapter 11 plan, arguing that the proposal is predicated on changes to the existing lease that amount to a "Disney fairy tale."

  8. July 25, 2022

    Dallas Nursing Home Says It Won't Indemnify Committee Pros

    The operator of Dallas' Edgemere retirement community has asked a Texas bankruptcy judge to reject a request by the unsecured creditors committee in its Chapter 11 case that it indemnify the committee's proposed financial adviser.

  9. June 10, 2022

    Judge OKs Ch. 11 Loan, Rent Escrow For Dallas Senior Home

    A Texas bankruptcy judge on Friday granted a request by the operator of Dallas' Edgemere retirement community to take out $10.1 million in Chapter 11 financing, but said it would also have to set aside funds to make its lease payments.

  10. June 03, 2022

    Dallas Senior Home Asks Court To OK $10.1M Ch. 11 Loan

    The operator of Dallas' Edgemere retirement community on Friday asked a Texas bankruptcy judge to approve $10.1 million in Chapter 11 financing over the objection of its landlord and unsecured creditors, who claimed the terms were unfair and the facility's budget insufficient.