San Antonio-based Babcock Surgical Center filed for bankruptcy, according to the San Antonio Business Journal. The ASC filed for voluntary Chapter 7 bankruptcy protection June 11 in the Western District of Texas. Under Chapter 7 bankruptcy protection, businesses are typically liquidating assets to satisfy creditor claims.
Read the full article: Texas ASC Files for Bankruptcy //
Source: https://www.beckersasc.com/asc-news/texas-asc-files-for-bankruptcy-3-details.html