Surgery Specialist Nobilis to Liquidate After Debt Default

Nobilis Health Corp., a surgery specialist that touted its direct-to-consumer advertising, filed for Chapter 7 bankruptcy following a wave of executive departures and medical center closures.

Houston-based Nobilis listed as much as $500 million in assets and liabilities in its Delaware bankruptcy petition. A Texas judge appointed a receiver for the company in September, the same day lenders called more than $123 million of debt on which Nobilis defaulted, according to a regulatory filing.

Chief Restructuring Officer Daniel Wiggins resigned on Oct. 3, a filing shows, and former Chief Executive Officer James Springfield left in May after ...