In re Christ Hospital
United States Bankruptcy Court, D. New Jersey
1Opinion of the Court
OPINION
HONORABLE MORRIS STERN, Bankruptcy Judge
I. FACTUAL BACKGROUND.
Movant here (collectively “Hudson”)1 was the successful bidder in bankruptcy for essentially all of the assets of Chapter 11 debtor Christ Hospital, a New Jersey not-for-profit corporation (the “hospital” or the “debtor”). The sale, pursuant to a court-ordered auction process, was approved by order of this court on March 27, 2012 (the “Sale Approval Order”). That Order provided Hudson with what it contends are the benefits of broad “free and clear” protections as a purchaser of hospital assets per 11 U.S.C. § 363(f).2 Hudson…
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- Northern Pipeline Construction Co. v. Marathon Pipe Line Co.Supreme Court of the United States · 1982
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- Local Loan Co. v. HuntSupreme Court of the United States · 1934
- Granfinanciera, S.A. v. NordbergSupreme Court of the United States · 1989
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