Verity Health disclosure statement hearing continued to Nov. 20

By Caroline Salls

Pittsburgh, Oct. 30 – Verity Health System of California, Inc.’s disclosure statement hearing has been continued to Nov. 20 from Nov. 6, according to an order filed Wednesday with the U.S. Bankruptcy Court for the Central District of California.

Verity said in a continuance motion filed on Tuesday that it was seeking “another short continuance of the hearing on the motion to continue to address matters related to the sale to Strategic Global Management, Inc. and related conditions.”

The company said the resolution of the open issues related to the sale will advance the sale closing and the disclosure and plan confirmation process.

Verity is a Los Angeles-based nonprofit health care system. The company filed bankruptcy on Aug. 31, 2018 under Chapter 11 case number 18-20151.

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