In total so far, a Chicago law firm representing Mercy Hospital in its bankruptcy case has accumulated $6.2 million in fees against a hospital that since its Chapter 11 petition through Oct. 31 had reported a $13.7 million operating loss.
Hunter 11/10/23 The eventual bankruptcy sale of Mercy Iowa City to the University of Iowa involved several legal issues, but the Acting US Trustee on the case
Although Mercy Iowa City – given its pending sale to the University of Iowa – now has more resources to pay all the attorneys and restructuring agents it hired to navigate its bankruptcy, a U.S. trustee has objected to fees for one law firm, arguing the amount “shocks the conscious.”
Hunter 09/11/23 A US bankruptcy trustee overseeing the case of Mercy Iowa City's sale to the University of Iowa is objecting to who the hospital plans on paying