Carbon Health Bid to Increase Bankruptcy Loan Draws Creditor Ire

Creditors of Carbon Health Technologies Inc. raised concerns that the company is trying to borrow more money in bankruptcy to pay its own restructuring advisers and promote a lender takeover of its chain of primary and urgent care centers.

Carbon Health’s emergency request to increase its Chapter 11 loan from Future Solution Investments LLC plays into the lender’s bid to obtain the company’s assets on the cheap, “leaving other stakeholders in the lurch,” a committee of unsecured creditors said in a Tuesday objection in the US Bankruptcy Court for the Southern District of Texas.

The company’s April 28 motion seeks ...