Bankruptcy
Reorganization Plan
Nonprofit
In Re Verdugo Mental Health
Published: Sep. 10, 2011 | Result Date: May 11, 2011 | Filing Date: Jan. 1, 1900 |Case number: 2:11-bk-22739-PC Bench Decision – Approval
Court
U.S. Bankruptcy
Attorneys
Petitioner
Jennifer L. Taylor
(Morrison & Foerster LLP)
Evan M. Jones
(O'Melveny & Myers LLP)
Respondent
H. Alexander Fisch
(Office of the Attorney General)
Facts
Verdugo Mental Health, which provided mental health services to Glendale-area residents, filed for Chapter 11 bankruptcy. Verdugo was a nonprofit agency that offered low-cost services to over 2,000 clients a year.
Result
The bankruptcy judge approved the sale of Verdugo's facility to a nonprofit in Culver City, Didi Hirsch Mental Health Services. Verdugo continued to provide its services until the close of the sale to Didi on May 20, 2011.
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