Dearborn’s (Mich.) Henry Ford Village (HFV) is operating with a business-as-usual approach while a chapter 11 filing works its way through the courts, the Press and Guide reported. First announced in late October, the retirement community is taking the action to reorganize its finances and to build a stronger future, officials said. According to a release from HFV, the legal process will help them improve their debt structure and other financial burdens, and grant the flexibility needed to make capital improvements. Under chapter 11, HFV can continue day-to-day operations while working toward the financial goals laid out in the filing.
