Victory Memorial plan confirmation hearing continued to Sept. 9

By Jennifer Lanning Drey

Portland, Ore., Aug. 14 - Victory Memorial Hospital's plan of reorganization confirmation hearing was adjourned to Sept. 9, according to a Thursday filing with the U.S. Bankruptcy Court for the Eastern District of New York.

The hearing was previously scheduled to begin Thursday.

As previously reported, Victory Memorial's U.S. Trustee objected to the company's plan of reorganization on Aug. 7, claiming it should be denied because the company will be unable to pay administrative and priority claims on the effective date.

Victory Memorial, a Brooklyn, N.Y.-based hospital, filed for bankruptcy on Nov. 15, 2006. Its Chapter 11 case number is 06-44387.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.