Thomas Health System gets final court approval to use cash collateral

By Caroline Salls

Pittsburgh, March 31 – Thomas Health System, Inc. received final court approval to use the cash collateral of its bond trustee, according to an order filed Monday with the U.S. Bankruptcy Court for the Southern District of West Virginia.

The cash collateral is being used to fund Thomas Health’s operations while in bankruptcy.

Thomas Health is a South Charleston, W.Va.-based health care provider. It filed bankruptcy on Jan. 10 under Chapter 11 case number 20-20007.

© 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.