A trustee for the fallen Steward Health Care System LLC expanded his misconduct claims against former insiders, including ex-CEO Ralph de la Torre, seeking to recover at least $3.4 billion for creditors.
That amount includes a $790 million dividend from 2016 connected to a sale-leaseback deal with Medical Properties Trust that turned Steward into a “zombie hospital chain,” trustee Mark Kronfeld said an amended complaint filed Nov. 21 in the US Bankruptcy Court for the Southern District of Texas.
“While this action will not reopen closed hospitals or provide care to Steward’s patients, it may shine a light on the ...
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