The pending sale of The Covenant at South Hills, currently in bankruptcy, will have to wait at least another month.
Lifecare of the South Hills LLC, an affiliate of Chester, W.Va., company Orchards at Foxcrest, bid $17 million to take over the Mt. Lebanon facility in May. The final court approval of the sale was scheduled for a hearing before U.S. Bankruptcy Court Judge Judith Fitzgerald on Tuesday.
However, because of difficulties lining up the financing, approval has been pushed back until Sept. 3.
Link: www.post-gazette.com/pg/09211/987305-55.stm
No comments:
Post a Comment
PLEASE NOTE: On Blog-Lebo, we do not publish anonymous comments. You must put your name to your words. Include your full name in the text of your comment (usually at the end), and you’ll be fine. Or post from a Blogger account having a public profile that includes your full name. Either way will work. But if you don’t include your name, or if we have reason to believe the name on your comment isn’t authentic, we will not be able to publish your comment.
Why must I use my full name?
When you post a comment on Blog-Lebo, you are making a public statement. Therefore, we require that you accept responsibility for your words. Just like at a public meeting of the school board or municipal government, when you stand to speak on Blog-Lebo, you must state your full name. That way, everyone will know who is speaking, and you will know that you’re responsible for what you say.