The judge overseeing the Chapter 11 auction sale of Christ Hospital in Jersey City says an allegation that a prospective buyer used strong-arm tactics against the facility's lawyer does not warrant an investigation.
October 23, 2012 at 02:39 AM
1 minute read
The judge overseeing the Chapter 11 auction sale of Christ Hospital in Jersey City says an allegation that a prospective buyer used strong-arm tactics against the facility’s lawyer does not warrant an investigation.
U.S. Bankruptcy Judge Morris Stern said no probe was needed because the sale of the hospital was conducted in a transparent manner and competition among bidders was vigorous, lawyers in the case say.
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