Mobile medical-testing provider Trident Holding Co. is trying to emerge from bankruptcy, but it is facing the threat of continued legal trouble with the U.S. government over allegations it paid kickbacks to build its business, WSJ Pro Bankruptcy reported. A proposed chapter 11 exit plan would get the Maryland-based company out of bankruptcy in July, with a reshaped balance sheet. But in a lawsuit filed on Monday, the federal government asked for a ruling that its case won’t be erased by confirmation of Trident’s chapter 11 plan. While bankruptcy can be used to end most types of lawsuits, cases that accuse companies of defrauding the government under the False Claims Act are exempt, the government said. More than 20 states joined the federal government in the lawsuit against Trident.
