Skilled Nursing News October 1, 2024
Pennsylvania bankruptcy court late Monday approved the $53 million sale of nine nursing homes in the state to affiliates of Kadima Healthcare Group, as part of Chapter 11 bankruptcy proceedings for more than a dozen facilities operating under Comprehensive Healthcare Management Solutions.
Notably, transaction documents do not transfer assets to any insiders, affiliates, officers or members of Comprehensive, including but not limited to Mordy “Ephraim” Lahasky, or any other owner of any interest in Comprehensive, according to court documents signed by U.S. Bankruptcy Judge Carlota M. Bӧhm.
In fact, the deal included a provision requiring Lahasky to divest his 5% share of other affiliates of Kadima to avoid the involvement of existing company insiders in the new ownership, according to...
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