The potential sale of a bankrupt Eden hospital’s assets faces an objection from the lien holder of two hospital properties, the Winston-Salem (N.C.) Journal reported. The filing by First Citizens BancShares Inc., submitted yesterday, comes two days after the board of directors for Morehead Hospital accepted the bid of Miami for-profit company Empower iHCC Inc. for the assets. Judge Benjamin Kahn, with the U.S. Bankruptcy Court for the Middle District of N.C., could say at a hearing on Monday in Greensboro whether he approves of the board’s choice. The hospital filed for chapter 11 bankruptcy protection July 10. First Citizens has a $1.34 million lien on the Dayspring and Thomson Street buildings. The bank was among seven qualified bidders for the assets. It submitted a credit bid of $1.34 million for the real property collateral of the buildings. Read more.
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