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Adeptus Health Bankruptcy Plan Modified

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The U.S. Bankruptcy Court issued an order granting Debtors’ motion to modify its Plan and allow the Debtors to file a further amended plan and set confirmation hearing and related deadlines.

The order states, “The modifications to the Second Amended Plan do not adversely change the treatment of general unsecured creditors the Debtors (other than Deerfield, who agreed to these modifications) or the treatment of equity security holders of the Debtors, and, therefore, pursuant to Federal Rule of Bankruptcy Procedure 3019, the Debtors shall not be required to resolicit the Third Amended Plan; The confirmation hearing on the Third Amended Plan shall commence on September 26, 2017, at 9:30 a.m. (CT) and continue, as necessary, on September 27, 2017, at 9:30 a.m. (CT); Any objections to the modifications to the Second Amended Plan shall be filed and served upon the Notice Parties so as to actually be received no later than September 22, 2017.”

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