In Re Verity Health System of California, Inc.

UNITED STATES DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA CV 20-7632 DSF In re VERITY HEALTH SYSTEM OF CALIFORNIA, INC., et al., OPINION Debtors. Appellant Strategic Global Management, Inc. (SGM) appeals the Bankruptcy Court’s approval of the Chapter 11 liquidation plan (Plan) for the various debtor entities related to Verity Health System of California, Inc. SGM had entered into a post-petition contract to purchase several Verity owned hospitals, but the transaction fell through. This failure to close the transaction prompted an adversarial action between the parties where, in addition to…