Inspired Healthcare Capital (the “Company”), a company specializing in developing, managing, and operating senior-housing communities, announces that it and its affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas (Fort Worth Division). This move is designed to protect its focus on resident care and to preserve and maximize value for all stakeholders through exploration of all strategic alternatives, including potentially deleveraging its balance sheet, facilitating a formal marketing and sale process, and implementing a comprehensive restructuring transaction.
Read the full article: Inspired Healthcare Capital Initiates Strategic Restructuring to Explore Options to Maximize Stakeholder Value //
Source: https://www.prnewswire.com/news-releases/inspired-healthcare-capital-initiates-strategic-restructuring-to-explore-options-to-maximize-stakeholder-value-302676911.html