Petersen s sale of nursing homes hits a snag as creditor objects to bankruptcy process wglt.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wglt.org Daily Mail and Mail on Sunday newspapers.
Judge Thomas Horan of the U.S. Bankruptcy Court of Delaware said Tuesday there's a risk of the case "collapsing under its own weight" if legal wrangling between the Peoria-based nursing home company and X-Caliber Funding isn't resolved.
Nancy Peterman focuses on corporate restructurings, bankruptcy and creditors' rights, and representing debtors, purchasers of assets, committees and secured creditors.