Struggling N.J. hospital chain won’t go bankrupt. Another hospital is taking over.

Hudson Regional Hospital has officially taken control of Hudson County’s struggling CarePoint Health System, establishing a new, countywide health network. On Friday, a federal bankruptcy court judge confirmed CarePoint’s plan to exit bankruptcy and hand over control of its three hospitals ― Christ Hospital in Jersey City, Bayonne Medical Center and Hoboken University Medical Center…

Black Country GP surgery owner who pocketed £75,000 of staff’s pension contributions declared bankrupt

The Official Receiver’s investigation found Sonia Simkins failed to pay £75,000 into the NHS pension fund despite diligently deducting contributions from staff.  Simkins, 54, of Foxglove Way, Dudley, ran Hawes Lane Surgery in Rowley Regis as a sole trader leaving the practice vulnerable to her disastrous financial decision-making. In July last year, 4,000 shocked patients…

NCLT admits insolvency petition against Three C Infratech

The National Company Law Tribunal (NCLT), New Delhi Bench, has admitted an insolvency petition against Three C Infratech Pvt. Ltd, a subsidiary of the embattled Three C Group, while directing a thorough investigation into allegations of round-tripping and fraud involving its sister concern, Three C Green Developers Pvt. Ltd. The petition, filed under Section 7 of the Insolvency and…

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