The U.S. Trustee in New Jersey is requesting a probe into whether a Chapter 11 hospital auction bidder tried to strong-arm the hospitals lawyer.
In a motion filed Sept. 28, Peter DAuria, a trial attorney for the office, says an independent third party is needed to investigate the bona fides of the entire sale process … to ensure both that the Debtors estate received fair and valuable consideration in exchange for the sale of its assets, and that the sale process was not tainted in any way by self-dealing, a power-play, or an attempt to improperly influence [it].
