A U.S. bankruptcy judge in Texas has approved a $75 million bankruptcy plan by an affiliate of prison healthcare company YesCare, after a compromise that allowed prisoners and their families to walk away from the deal and instead pursue lawsuits alleging that the company provided poor medical care. U.S. Bankruptcy Judge Christopher Lopez approved the settlement, half of which will be used to pay prisoners’ personal injury and wrongful death claims, at a bankruptcy court hearing in Houston, saying that the case had seen a remarkable turnaround after a contentious start two years ago.
Read the full article: Prison Health Company Wins Approval for $75M Bankruptcy Deal //
Source: https://www.reuters.com/legal/government/prison-health-company-wins-approval-75-million-bankruptcy-deal-2025-03-03/