No action in bankruptcy court for TLC Monday
The singular motion set to be considered at TLC’s bankruptcy hearing on Monday was adjourned until March 31.
According to Chief Justice Carl. L Bucki’s Law Clerk Adolph Iannaccone, the motion to pay for repairs, which would be reimbursed by the Federal Emergency Management Agency, was postponed due to questions about how long it will take to receive the funding.
This motion was adjourned at the last hearing on March 10 for similar reasons. Also at the March 10 hearing, the court allowed TLC to borrow up to $1 million from the Dormitory Authority of New York state, hire an attorney from Hodgson Russ Attorneys LLP for labor matters and a motion for Brooks Memorial Hospital to lease the Gowanda and Forestville clinics was adjourned until May 12.
Iannaccone said nothing else was discussed. The next bankruptcy hearing for TLC will be on March 31.
Lake Shore Hospital submitted a closure plan to the New York State Health Department last year in October and in December filed for Chapter 11 bankruptcy. No closure date has been set and hospital officials have expressed a desire to keep the facility open for a seamless sale. No offer to purchase the hospital has been accepted, or considered by the TLC board, Lake Erie Regional Health System Board or the bankruptcy court.