Bankrupt nursing home giant Genesis Healthcare Inc.'s selection of an insider to acquire its assets has come under attack by creditors challenging the buyer’s secured debt and claimants seeking an independent examiner to investigate the auction.
A committee of Genesis’ unsecured claimholders also sought court permission Thursday to pursue a wide-ranging lawsuit against Genesis insiders, including health-care entrepreneur Joel Landau and publicly-traded real estate investment trust Welltower Inc.
The motion, filed in the US Bankruptcy Court for the Northern District of Texas, estimates the potential claims to be worth more than $150 million.
The committee objected to the value of ...
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