Eye Care Leaders Wins Court Approval of $14.5 Million Sale

Eye Care Leaders, a bankrupt software provider with ties to criminally charged investment firm founder Greg E. Lindberg, won court approval for the company’s $14.5 million sale to Colorado Bankers Life Insurance Corp.

• Lindberg argued in an objection to the deal that his firm had to consent to any sale of Eye Care Leaders assets, which he said advisers brought in to guide the company through Chapter 11 didn’t obtain
  • Eye Care Leaders’ bankruptcy advisers denied that claim, saying in a court filing that “any consent right to a sale of the Debtors’ assets is unenforceable as a ...