TITLE

U.S. Judge Says Only Heartland May Recoup Some Heritage Losses

AUTHOR(S)
Shields, Yvette
PUB. DATE
July 2004
SOURCE
Bond Buyer;7/8/2004, Vol. 349 Issue 31921, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the decision of U.S. District Judge Dickran Tevrizian to give Heartland Holdings Inc. the legal right to seek compensation in the now defunct Heritage Healthcare from U.S. Trust Corp. Investment of Heartland in a portion of the bonds sold by Heritage to finance the acquisition and renovation of a hospital and nursing homes in different states; Investor lawsuits related to the Heritage debt; Allegation that the funds were overpriced.
ACCESSION #
13758486

 

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