QHC Bankruptcy Watchdog Objects to Naming Stand-In for Ill CEO

Jan. 18, 2022, 10:04 PM UTC

The U.S. Trustee in the bankruptcy case of QHC Facilities LLC filed an objection to a proposal to appoint Gibbins Advisors to stand in for its ill CEO.

  • The Tuesday filing follows the hospitalization of Chief Executive Officer Nancy Voyna and the Trustee’s request to appoint a Chapter 11 trustee in the case
  • “Ongoing staffing and patient care concerns are escalating,” according to the filing
  • QHC can’t “identify its corporate fiduciaries,” and thus it isn’t clear who Gibbins is “expected to answer to”: filing
  • Filing also contained a limited objection about appointing Gibbins as financial adviser, citing concerns over fees ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.